So today I picked up rent plus some past due rent from last month and a late fee. When I told the tenant last month that he was going to be charged a late fee, he looked at me like he couldn't believe I was being so u...
Hello All,Recently purchased a duplex in South Minneapolis. I want to save on remodel cost and put as much sweat equity as possible. The property really isn't in bad shape and in a prime location (couple blocks away f...
I've been running numbers on turnkey in other states. I'm truly wondering if there is a point in investing in these properties after running the numbers. Typically, you see about 200-300 dollars in cash flow after exp...
Hello BP!I am narrowing my short list of turnkey companies I want to invest with, curious if anyone from the BP community has purchased a turnkey property from High Return Real Estate. I am working with Jack and he h...
Hey all, I am relatively new to the group. I am very impressed with the experienced professionals here and am glad that I stumbled upon this site. I am a seasoned real estate attorney and enjoy not only practicing la...
I inherited a tenant that was playing loud music at all hours of the night and having friends over where they would have weird screaming parties (drugs maybe?) Anyway, I send him a 30-day notice to leave the premises ...
I have a strategy I call out of state turnkey residential investing or "OOS TK SFR". We have all our properties in this model and have great experiences for several year now. When I speak to people here on BP, a lot o...
First some stats:
I have 6 going on 7 doors in the DFW areaI live out of stateRents range from 1400-1950 Per Month I pay 8% Per Month60% of first month's rent on new leases$395.00 flat rate for renewalsGetting to th...
Hey everyone, I'm new to this home ownership deal and am currently doing some rehab to my basement. I have had to stop all repairs being done to my house because the contractor sent me a bill of an additional $38K on ...
Hi BP,I am seriously considering suing my PM, and would like to hear what other landlords would do in this situation.Recently one of my Dallas rentals became vacant. It was originally rented to an elderly couple and t...