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I'm looking to purchase a single-family home from a family member at 325K and an appraised value of $390. Comps in the area for ARV are 416K-525K. The home definitely needs work to get it into rental condition. Probab...
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Is there a statute of limitations on collecting rent ($5k+) from a previous tenant? I have not actively pursued collecting this unpaid rent on a tenant who moved out last year. But I now have access to a collection at...
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Hello everyone!
I am new to BP and looking to grow and make connections in REI. I have been reading up on the posts and materials on here and have enjoyed the new information. A little about me, I was born, raised a...
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We have a single family in Phoenix Arizona that we’ve owned for just over a year with an HVAC that has been having issues with the heat. We don’t know how old the system is and the previous tenant mentioned that the H...
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Hello everyone,
I'm currently living in Massachusetts and house-hacking (mid-term rentals). I am considering purchasing a condo in Stamford, CT, to use as my personal residence, as I'll need to travel to CT frequentl...
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For new real estate investors or even for those old seasoned types, where do you get alot of your information to study or stay current?
Are there any professional organizations or sites that you go to regularly, such...
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Hello BP Family,
In the dynamic year of 2023, I achieved a significant milestone in my career - obtaining my real estate license in both Kansas and Missouri. Initially, my journey started with a focus on residential ...
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Has anyone had experience with Madison Trust with their self directed IRA's. The fees look very reasonable and I have a lot of knowledge about do's and don'ts so I am just looking for a good company to be the "holdin...
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I thought about posting this in the tax forum but realized this is more along the lines of a general or landlording topic.Do you guys do patch/mend/repairs on a property shorty after escrow to count it as the "cost ba...
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For a long time we have done our book keeping in excel. Over the last few months we have transitioned our rental company onto Buildium using their accounting software. We liked it so much that we have decided to trans...