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I found a property that has been abandoned for over 30 years (exterior still looks great though.) The couple who previously owned it have been deceased since 2001. There was a third person on the records I received fr...
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A tenant called and stated the basement looks like there has been an explosion down there. He said he went down into the basement and turned off the water after seeing hot water had been coming out of the overflow va...
Hi everyone, as I am getting ready to start sending out yellow letter I have a couple of questions.
#1
If I don't have good handwriting would it really have a negative effect on my results, I was going to hand write ...
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I will be closing on a 4 plex apartment building this month. Each unit in the building needs new windows and could use some updates to the kitchen and needs new carpet. IRS rules require that repairs, when done as par...
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Ok, so we had to close on a deal that was meant to be a contract assignment. Here are the numbers:
ARV 110k
Repairs 20-25k
Rent 950-1000
Originally asking 35k
Bought for 20k, had to repair the back extension (mechanic...
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Hey guys! I know this is just my silly excuse but this has become my biggest obstacle! I'm 20 years old and a women. It seems like women aren't taken as serious in business as men ON TOP OF that im only 20! -_- I've m...
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I'm really interested to get some opinions from other BP members for what price point you would sell to cash out vs hold for cash flow. I'm considering selling two properties located in smaller towns outside Charlott...
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Hi all -We have been landlords for 5 years with very few issues. Everything that has come up we have been able to fix within a day. We take great pride in our homes. I am sick to my stomach with an issue we have been ...