Does anyone use or see any benefit from having smart home technologies in their rental properties? Obviously, it depends on the quality of the home. My rentals are class B neighborhood type homes and small apartments....
The Property Manager allowed people to move in without signing a lease. The Property Manager kept the money instead of passing it on to the owner? The Owner believes the Tenants conspired with the Property Manager and...
Good morning BP! My wife and I have been entertaining the idea of owning a vacation rental property for about 6 months now. We owned our home in Navarre Florida, and just closed on our second home (which will become ...
Hello All,I am currently under contract on a 6 Unit property that has a live in "Building Super" on premise. The sellers told us that he performs various tasks and does minor repairs around the property, as well as a...
Hello BP!
I'm closing next week on a property that has 2 long term tenants (since March 2009). One of the tenants are older (65+). They treat and act like it's their house. Any tips on how to formally introduce my...
Once I got them evicted I noticed they did all sorts of damage. Should I take them to court? i don't really expect to ever see my money. I kind of worry that they may even try to do more damage to the property late ...
Hey guys!
I am looking for a property management (PM) out of state, and I came across this PM that ALLOWS unsupervised showings from a lockbox... I was advised they require the prospective renters to take a pic of the...
Hi
I am a 25 y/o entrepreneur + real estate investor.
House 1: $404K, Mortgage: $225K = Equity: $179K [4.5% interest rate / 30 years]
House 2: $525K, Mortgage: $280K = Equity: $245K [3.5% interest rate / 30 years]
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So I am a new investor and I met with a realtor who is a former investor himself. I left the meeting feeling good the only thing is he wants me to sign a exclusivity agreement. He said that it would be the seller that...
There are great benefits to buying foreclosures. For one, you can make money re-selling a foreclosure, especially if you can do it through a short sale.
At the same time, there are some pitfalls that you should be aw...