I saw a post last week where someone lamented how many success stories and how few horror stories get posted on here.  So I thought I'd start one to give a little potpourri of what I experienced in the last week in my...

so I asked a question yesterday, but after sleeping on it I think this is the heart of my original question.I flipped a house this year, but it won't sell til next year. Some of the money I used for renovations was al...

BP friends,My wife and I have a house in Arvada, CO. It's a 5 bed, 4 bath 4000 SF single-family home that we're currently using as a short-term rental. An arbitrage company recently approached me offering to pay us, p...

Hi all,Here I am again. This time I need advice from an investor’s prospective. My boyfriend and I have set a goal, which we have to accomplish in ten years from now. Our financial goal is to buy 2- 4 rental propertie...

Curious what others are currently doing for:Late Fees? How much and at what point in the month?  5th? 10th?Pet Rent? Do you charge and how much.Acceptable Vacancy Rate - we own a reasonable # of doors in the city of M...

Greetings All, I was recently made aware of a class action lawsuit against Equity Trust (see link here) to which one of the more disturbing claims is, that if found guilty they would essentially be considered a NON-qu...

Hi, good day!  Have you hear of any horror stories where tenant suing the landlord for everything he have? And win. Have you ever got sue by a tenant before? Why you got sue and how much did you lose? Base on your exp...

I made a offer on condo for 45k cash in central Florida but after fixing it up which would cost me 15k (Bath, Kitchen, New Flooring) and paying insurance, taxes, HOA the property would be at 6.27% net Cap. Here are my...

Hi all,A San Francisco resident, I recently bought my 1st investment property out of state (an SFR) and anticipate buying future SFRs in a couple of other states going forward. I have not set up any entity to this poi...

I wasn't sure how to word this in the subject, but here is the situation.  New tenant moved into basement apartment, and on the same day a few hours later the main sewer line backed up into the apartment (ugh).  Thank...