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Hi everyone! I am in a big jam, here's my situation....One of my recent aquistions was a 12 unit apartment building. After the 1st month, I received an astronomical high water bill/sewer. Where I purchased this buildi...
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They gave notice of move out end of March. I've had two showings in about 1.5 weeks. Usually I do an open house in summers but it's slim pickings and waiting for enough people to justify an open house is not feasible,...
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In most instances, I would assume it is for two reasons. To generate passive income which will help eliminate the need to work and to help with our retirement.
Normally about this time of year, various magazines come...
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Hi all, this forum has been very informative so far and has put a few of the pieces together for me. However, I am in need of some clarification. (I hope we aren't limited on the length of posts :) )My questions are s...
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I keep hearing all this crap... So will I or Will I not be able to do lease options and subject 2s with the DOD frank laws changing?
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Hello All,I just received applications for our first tenants ever. They have passed all of our screens (criminal, credit, etc) and in general, I feel good about it. But there are some quirks:• It is 4 people total. A ...
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BRRRR works, no doubt. I've completed two but am now stuck waiting three months until I can cash-out refi on my third. So here's my question-- how the heck are all these investors doing it-- BRRRR-ing 5-10 properties ...
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Hello BP,I recently closed on a 5 unit property where all of the units are way below market. With the current rents I am operating at a $200 monthly deficit. All of the residents are on month to month leases and this...
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I recently got a letter in the mail from the Florida Department of Business & Professional Regulation.
It stated that I has committed a 3rd degree felony because properties i had listed on sites like Hotpads &am...
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I drive a very old sedan. Most of my tenants drive nicer cars than I do. Now that I am considering purchasing a new(er) car that probably will be nicer than theirs, I am wondering whether to keep the old one to commu...