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We have 4 small rental properties (3 condo units and 1 single family home with minimal landscaping) and we have always managed them ourselves pretty easily. However, we are going overseas for a year and now have to hi...
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I'm in Oklahoma. My mother-in-law fully owns around 30 properties which I and my wife have been leasing and managing for a couple of years after my FIL's death. I was recently told that the laws say that ONLY the ow...
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I would like to get some feedback on the following scenario:
I acquire a property “subject-to†with a retail value of 200,000 for the balance of the existing mortgage which is 160,000 and has a payment of $933 pe...
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Would like some feed back on this scenario. I bought a house Subject to the existing financing from a guy on 6/18/15 his wife called me tonight 12/17/15 saying she is going to get the property back and sell it and h...
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Hi just joined BP because like to start my rental property investment in Toledo and Cleveland area. Max 50k with good ROI and low vacancy. Starting with 200k and another 400k by 3rd quarter and again 400k by end of th...
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I have a new property with 2 apartments. One of them has a washer/dryer hookup, the other does not. I am trying to come up with a way to add laundry to the unit without.Does anyone have experience with the compact uni...
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What do you put in your lease now that you have been a landlord for some time? I am always adding something to it, live and learn!
The most recent lease I added: Tenant must maintain lawn and outside of property...inc...
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Hi BP!I have been trying to figure out how to purchase a rental property to help pay a portion of a family members college costs. I know that accounts like these educational savings accounts can help you invest pre-t...
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My two partners and I are looking at purchasing a $1M beach vacation rental that should gross about $150k annually under professional management. We are attempting to purchase this property with a 20% down payment. Th...
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For my first property, I'm looking to buy a foreclosure, rehab it, and then hold it to rent. It is my understanding that it is hard to get financing for foreclosure properties (especially ones priced as low as I'm con...