Andrea McCants
Baltimore - crime is rental area
My husband and I own a few rental properties in Baltimore (fairly newbie investors). The tenant in one of our properties has been calling us lately complaining about drug dealers on her block. She doesn't want to call...
Account Closed
Question about Structural Issues and Related Contingencies
Hey all,I trust all is well. I had my property manager view a home recently on my behalf, and she noted that the front door to the home cannot open; and that she had to body check the backdoor to enter the home. Addit...
Haley Henderson
Personal Mortgage & needing LLC coverage
Hello! I was wanting to see if anyone has run into this problem and see if there was any feedback or suggestions. My fiancé and I are in the process of purchasing our first investment BRRR property and we are using a ...
Jordan Slater
Where to keep cash reserve?
I am meeting with my property manager today to get my first rental on the market! I am planning to build my cash reserve over the next year as I prepare to purchase another rental. Where should I keep my cash reserv...
Karl Hudson
Advice Needed - Financing a Third Rental Property
Any advice on this would be greatly appreciated. Currently have two rental properties. One of which is free and clear, paid off, no mortgage. I want to pull $50,000 in equity out of that home to purchase a third renta...
NA NA
Broke buyer gets crazy: Home sold on land contract needs repairs
I have a house that I sold on a land contract. So I created a note and there is an underlying mortgage. Now a few years later the sellers are saying that the house needs a new AC unit ASAP. They don't have money fo...
Joy G.
Florida: Keeping up with new statues (waterbeds)
I always try to keep up with new statutes so I am informed but I didn't notice that in Florida we now have to allow a tenant to have a waterbed and can require floatation insurance. 83.535 Flotation bedding system; re...
William A Rojas
Investor Question - Asked how they are protected in a deal
I have a very serious LP/Passive investor ask me today how they will be protected in a new deal. How have you responded to this type of question in the past? He's looking for mid-teen returns open to either value-add ...
John H.
Hungry and looking to get rolling in DC/metro area
Hello BP community! Quick intro - currently working in the IT field for the Government in DC. As an accidental landlord for the last few years and just finishing up a major addition to my home I've began to realize ...
Michael Osborne
First Investment Property
After about a year of looking for an investment property I seem to have finally found one. It's 14 units that currently rent for $5600 total a month. My payment with taxes would be about $2000 a month plus insurance c...