I have not run across anyone talking about building or having a reserve fund for a property. What is The recommendation to accrue and pay for a unexpected capital upgrades, i.e. furnace, roof, sewer, parking lot, wind...
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Some of my rental properties already have appliances like refrigerators and dishwashers. I want to put into the lease that these units are just there as a courtesy, and the tenant is responsible for any repairs of re...
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Hi BP, I live in California and own a townhome in Houston, TX near my in-laws. I have had great luck renting it out with the help of a management company and knowing the area based off of the multiple visits a year i ...
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Any help, tips, or any other comments on the below would be greatly appreciated!I have a few family members that are willing to give me a private money loan at 10%. I will pay 10% interest for each month their money i...
I've been using Airbnb for vacations and found myself wondering if people put up their properties permanently on Airbnb. Seems like a bit of a pain in the a* with having to clean and offer the full "works" every time ...
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I'll keep a long story short..
So, about a year ago, I came to BP, asking if it were possible to buy a multi-family deal, with the 20'something thousand dollars that I had in the bank. A few people said it wasn't pos...
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Please let me know if this post is ok here...I'm giving away my porsche as a marketing test to find investors.What do you think? Good idea or Bad?Where would you recommend I advertise this promo?PS I can't seem to upl...
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Since reading J Scott's diaries, I've decided to make one of my own about my endeavor in the real estate business. Hopefully I can get a lot of advice and also contribute to other newbies in the area. Long story long,...
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I'm a landlord who owns a Single Family Residential home with a detached unit in the back in Los Angeles County. The detached unit is about 95% done before the City Inspector can sign off on it and give me the Certifi...
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I grossly underestimated maintenance and make ready costs for my KCMO portfolio. Operating costs are through the roof and net income is non-existent in my first year of business. I started with 2 SFH turnkeys which ha...