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Currently have 1 4-plex and I'm looking to expand my portfolio this year. I recently got divorced and he kept the primary residence. As a now single person with no mortgage deduction, a 6 figure income and only gettin...
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I contacted a broker about two mixed commercial/residential units being sold individually out of a portfolio of 15 properties. I asked for a T-12 for the properties and was told: "I do not have a profit & loss rep...
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Hey All - I am officially brand new to being a landlord. As of this past weekend, I had my first tenant move in. Being my first rental, I've utilized a local PM company that has pretty reasonable rates, and they got m...
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Would a month to month lease make it easier to get new tenants into a property if current tenants stop paying? This is specifically related to covid, moratorium on evictions, and sheriff’s offices not enforcing evicti...
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Do property managers typically-send a team of people out to go over a house that is new to them? Or have a handyman or plumber sent over for each issue? -send itemized bills for what each worker did? or just one fee f...
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Looking for some guidance (and a vote of confidence)...I currently have a VA loan on a 3/2 that appraises for 165K with a loan of 149K (mortgage just under 1100 including P&I, taxes, and insurance). Current rental...
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Hi all,I'm about to purchase a triplex. It has one furnace that goes to all the units. I can already feel all the text and calls it and I will receive from the tenants complaining that the thermostat is either too hig...
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I have a 1940s property that had a toilet overflow when nobody was home. The water drained through the floor to the basement and there is now standing water in the basement. This house has a drain in the center of t...
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I am under contract with an investor in Indianapolis on a SFR and the home has well water. I wanted to check in with the BP community- what things should I make sure to discuss with the client and point out with wells...
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My friend has a house he wants to sell. I think this is a perfect chance to make a wholesale deal. His realtor is making 4K guaranteed. The bottom dollar is 65k for the house. Houses around that area are being sold fr...