Kurt S.
Anchor bolts on detached garage
Hi all. Moving to Chicago next month and I am under contract for a 2-flat in Chicago.The garage is detached and is not properly secured with anchor bolts. My questions are:Is this a code violation? I was told conflict...
Account Closed
Landlords: I need your advice
Hello all!So, I've been in this landlord game quite some time now, and my second largest business expense is mildew abatement.Let me explain.Most of my properties are in Monterey County, where we get a lot of humidity...
Yvonne H.
Constant Complaining Tenants
I had heard about tenants like this, but these are the first ones of my own. The Constant Complaint tenants. I just sat down to make a list of the many complaints they have expressed to me in the past year of their te...
Scott C.
Cash reserves: How much should a buy and hold investor have?
I'm a buy and hold investor and I have a question about cash reserves. How much is enough?
We have 2 and soon to be 3 (closing on December 3) SFRs. One is rented now and the 2nd one should have a tenant in it...
Suzanne Griffiths
Frustrations with Funding
We started investing in Real Estate in March of this year, with a 20+ year construction background. We have one flip that is completed and on the market and another that keeps hitting delay after delay. Each time we...
Thad Miller
tenants paying late
One of my units has a young couple that have been paying late for the last several months. They always pay, but about a week after the final due date. I have never charged a fee, but I threaten that one day I will. ...
Jeff Lee
Help Me Analyze! (Foreclosure Purchase)
Purchase Cost: Paid $66,250 (all cash), home inspection ($350), title (?). I'll just go with $67,000 to make it nice and even.Details: 3 bed/1.5 bath, 1312 square footObjective: Simultaneously list for rent or purchas...
Derek Loveland
Moving property to an LLC
As I begin seriously investing in real estate, I'm considering starting an LLC to both apply for business credit and hold properties as I build my portfolio. I've had some thoughts on how to get started and am looking...
Brett Keller
How would BP invest 1.5 million?
I am a new investor in St. Louis and that will have about 1.5 million in cash to put into real estate by the end of 2016 early 2017. My question for BP is how would you invest the cash?We currently have 3 rental prop...
Account Closed
Evaluating a rental property
Hello everyone. I'm new to real estate investing. I might have stumbled on to my first investment. My brother-in-law's mom owns a hair salon with two apartment units on top. She owns the building free and clear. Her h...