Jim Bentley
Tenant wants to install tornado shelter
My tenant called, and they want to pay to install a tornado shelter (this is the kind that goes in the garage floor; only takes a couple of hours and costs around $2500). This is in Oklahoma, about 15 miles from wh...
James Bitakis
Newbie 1rst deal Help!
Hi, I am a newbie and this is my first potential deal that I am in. I randomly found a house on realtor.com, sent a request for more info in and a realtor called me, showed me a property in "B" neighborhood; i.e. ni...
Jo Zhou
City Building zoning is R1, county tax roll says Duplex ?
Hi, I am buying a house in California as an investment property. This house is located in a single family house zoned area, but with a separate 1 bed/1bath unit in the back attached to the front house. The front house...
Kamran Rahman
Converting house hacked rental into a proper rental
Hi all,I am posting about my first rental property that I have had for a couple years I want to plan my strategy for converting my current househacked rental, into a rental. Currently I live in one room, and rent out...
Steve Rozenberg
Renters Insurance
Do You Require Your Tenants to Purchase Renters Insurance to Lease Your Property?
Jason Kenyon
looking for recommended lender for extra capital starting out!
Hello everyone, we have started an LLC and got the EIN number last September for our hopeful flipping business with motivated sellers, but have been coming into roadblocks with getting additional funding. I am needing...
Matt W.
Possible 1031 trap/backfire?
Hi BP,
I've heard different answers about 1031s so I'd love some clarification: (using simple numbers and assuming I hold for 2 years, leaving out depreciation and selling costs, and making the differences in purcha...
Andrey Y.
Spend $15K on renovations to get a $305/mo. rent bump?
Would you spend $15K on renovations to get a $305/mo. increase in rent?Let's assume that the renovations will cost $15K exactly and the rent increase is accurate.I have two condos on Oahu, Hawaii that have been produc...
Meredith Mihm
I just agreed to a land contract?!
We just shook hands on a 6-plex deal-- owner financing-- 185K, 37K down at 3.9%, 30 year amortization, 10 year balloon. But he kept saying "land contract," and I didn't ask what he meant (face palm!!). When we got b...
Ryan Vail
New member from Northern Colorado
Also a newbie to real estate investing. Currently trying to take in the huge volume of information here.I am currently drawn to the buy and hold rental strategy. However I am worried about finding a property that will...