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I allowed a tenant to have pets (3 small dogs), with a pet deposit of $300. He was the first tenant in a newly renovated unit with refinished wood floors. After several visits in which I found feces on the floor, a gr...
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so my rental has been sitting on the market for a month and a half now. I've gotten a few showings but only one really interested prospective tenant who actually showed. everything on their app and credit report look ...
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I own and manage 6 units with $100K in gross rents, all cash-flowing in the Bay Area, while working an "officially" full-time job. Bought the last directly through listing agent, and in contract on 2 duplexes right...
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I just finished reading this article:
http://www.biggerpockets.com/renewsblog/2006/11/25/wholesaling-real-estate-basics/
“If you end up not being able to sell the property before you are expected to close then you u...
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We recently acquired a property with tenants who have been perpetually late paying rent. It didn't dawn on us that our PM has been charging hefty late fees until recently when they sent a statement with the late fee u...
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Not meant to offend the property managers out there - I know the good ones exist. However, a common theme I've seen is how hard it is to find a good, reliable property manager that makes the money you spend on them wo...
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This is really going to be off topic! Who in the BP community is a Bourbon and Whiskey drinker, collector or snob. I have begun to collect and really learn more about the art of Bourbon and have taken a break from r...
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I have completed my first BRRRR successfully! It is a 2Br 1 Ba small SFR (Pictures Below). It took me about 4 months to complete this Rehab in from start to finish. I Hired out Most of the Big items : New roof, drivew...
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The really invaluable part of this experience has been education. I and my wife who was a designer of the project have learned a lot. We certainly made mistakes along the way, however understanding what went wrong pro...
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I’ve been doing a lot of research lately and I wanted to share with you guys what I have found about the correlation between unemployment, delinquencies and housing prices. During the 2008 housing crisis the housing ...