Christopher Freeman
Tenant Complaining About Strength of Wi-Fi Network
Hi all,We have some college student tenants whom we inherited from the previous owner. Most of them are fine, but one of them is very needy. The legacy lease provides internet, which we have provided and which works i...
Giani Brussich
Please help me understand why STR is considered evil by locals?
If this is the wrong place for this, please remove it.Recently, I have seen a lot of threads/posts come up on social media (I know, not very reliable or the truth) about how bad/hated STR is for local neighborhoods. W...
Jonathan Twombly
Do you need an LLC? Absolutely. There is No Debate About It.
The LLC debate rages on here at BP. Rarely does a day pass without an investor asking whether they should use an LLC or not. Perhaps BP should have a whole forum just devoted to this question . . .Having an LLC is ...
Jeff Warner
Anyone use a Buyers Agent to offer on REO's?
I'm curious how many people use a Buyers Agent to flip REO's instead of going directly through the Listing Agent? If so, are you having success?
I'm NOT trying to go the route of making 100's of lowball offers and b...
Brice Hall
A lot of people are being misled
What's up with all the low income, cheap property "deals"? "I bought a house for $30,000 and rent it out for $700! I'm going to make a great return!"You are completely neglecting future CAPEX. What happens when you ne...
Jim K.
Important lesson learned cheap, passing it on
This year, I had an impressive first in my landlording career. I've already had to change out two legacy bathroom sink drain assembles in two rentals in two months. Anyone who has had to do work on bathroom vanity dra...
John Park
Tenant sees a ghost. What should my response be?
So...one of my tenants is claiming that she and her daughter are seeing a spirit in the house. Did not know how to respond to this. If it was a maintenance item I would send my guy to take a look right away, but what ...
Ria Lamb
Putting a 1031 exchange property into an LLC (3 years later)
Three years ago, my husband and I did a 1031 tax exchange for a rental property. The property is still a rental property and will continue to be, at least for the forseeable future, but I would like to put the propert...
PJ Kolnik
All my Cashflow to Repairs & Maintenance this year!
I knew that there would be good years and bad years and maybe a bit of something in between. I own a 3 unit in Chicago and cashflow about 350/month/unit after PITI. I figured that would keep me pretty well set.
When ...
Alicia Marks
QOTW: What is the funniest thing to happen to you in RE Investing
With the stress of the holidays looming, I thought it could be fun to share the lighter side of real estate. What are some of the funniest experiences you've had as an investor? How did you handle it? What would you d...