I recently contracted a landscaping company to do a complete overhaul at my rental. Today, the tenant contacts me unhappy that they were using Round-Up as it contains glyphosate. Trying to reassure her, I sent her lin...
Newbie here and here's the 411 on this deal. My cousin rents a house in Albuquerque that I stay at whenever I'm in town. He finishes law school in May at which time his lease ends (unfortunately he's not gonna be a re...
I am debating my next move with my rental business. I am not that big. I have 3 total properties and 5 doors, 2 multifamily properties and a single family. My goal is to retire off of my monthly rental profits and ...
Hi everyone, just curious as to how many people pick up SF from auctions like hubzu, auction or tax sales at courthouse. Is this too risky? Do the prices get driven up to retail prices? I am inn Houston and the market...
Hi all,I am going through a nightmare. I am under contract for a 72 unit property and we got a bad phase 2... the lead levels in the soil are above the threshold. The environmental inspection company did not really pr...
Hey BP,
I'm looking for a checklist I can follow when analyzing a property. I'm sure I will miss a lot of things on my first attempt, so I'm trying to mitigate that now.
Thanks
I realize this may vary by state and by entity, and that in the end it's probably a question for an attorney. Still, I'm interested in hearing some BP members' thoughts.
We had an offer accepted on a bank-own...
Hello,I was wondering if any of you have had a situation like this arise. I own a college rental property with 6 students renting for a yearly lease. They came to us as a group of 6 and signed the lease without ever d...
What is your FI (Financial Independence) number?
How to find your FI number: Determine your annual spending in retirement, yes, you need to have a budget! Multiple the above number by 25. Example, if you require $60,...
Hi Everyone,I've been lurking here for several months, reading posts, watching videos, and trying to learn as much as I can about REI. My elderly mother has seen her health begin to flag, and I am at a loss as to wha...