Need some advice from experienced landlords out there. Here's the situation.I have a tenant who reported the discovery of bedbugs in their unit, on a bedspread and mattress. I responded immediately the next day with a...
Here is my situation I grew up with slumlords my parents paid all cash for thirteen properties. They passed away my Father at the height of the market. I live in California so the properties got appraised and now have...
I'm interested on buying a co-op investment property for a BRRRR (my first investment property in the US, $250k asking price, $400k ARV, $50k rehab costs), but I'm not willing to pay cash for it. I can afford it but I...
Can someone explain to me why you would (or wouldn't) invest in a property to break even and not make any cash flow with the rent? Would this still increase your net worth and possible equity with the new property?
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I recently bought a foreclosure in Northeast Ohio that had a bathroom in the basement. It had a shower, sink, toilet and electrical sub-panel, however no 4th wall or door. I applied for a permit to add a wall but am ...
Looking for a review of the Cleveland Metropolitan Housing Authority (CMHA). How easy are they to work with? Good service? I do a lot of work with Columbus Metropolitan Housing Authority and i love them. I would like ...
I recently read Brandon Turners book on Rental Property Investing. I talked about the 2% (rents should be 2% of sale price) rule and 50% (rents should be multiplied by 0.5 - principal and interest if mortgage) rule. W...
Hey there! We are planning to rent my late parents house that has a well. We had the water tested and it is positive for chloroform but negative for ecoli (thank goodness). Anyway, is it hard to shock it with bleach o...
Hello BP! This is my first post and I'm looking for some advice. I've done a lot of research on Lonnie Deals and have read many blogs from experienced investors in this niche and I'm interested in using this techniq...
The tenant left 2 months earlier than the lease will expire. I called, emailed, texted and no response. Went to check on the property and neighbors told me that they moved out a week ago. A lot of stuff was left in...