Hi , I Just bought my First Investment property with tenants in place. Current tenants are willing to sign a new 1 yrs lease starting sep 1st. They had a pet (Cat) last year 2014-2015 and not anymore .Tenant request t...

Hello all,

I am looking to invest in multi-family properties (2-4 units) in the Los Angeles Area in the near future. I intend on financing the purchase via FHA financing, and living in one of the units. I atl...

Hello. Been trolling these forums for a while and finally decided to tap the collective knowledge of the BP community. Here is my scenario that I have been pulling my hair out trying to sort. It is a good problem but ...

After years of having bad luck with property managers and tenants, I took over as landlord of my 2-unit duplex (one on each floor).  I fixed up the vacant second-floor unit and rented it out last year to a young, coup...

Hey Everyone! I recently purchased a single family home and we were getting a strange smell from the sink in the master bath.  The other bathrooms in the house didn't smell and after some research it was recommended t...

So for starters, I like to dabble in the cheap housing segment, currently bank with chase and chase doesn't do mortgages on these cheap homes I like to buy. Over the last 24 months in Houston I've been able to acquire...

Hi BP,
Just had a tenant call that the heater wasn't working. Just had a technician out and it cost $275. A small Baggie got sucked up in the intake and needed to be removed (and a checklist of items needed to be ch...

My name is Michael and I live in San Antonio, Texas. I like to run, bike, play ultimate Frisbee and do anything outdoors. I am a credit analyst at a local bank and have been working at the bank in various positions si...

So I'm looking to buy a house out of town and was hoping to use a second-home loan to get a lower than 20% down payment. We'd also like to rent it out with a property manager for the first year while it builds up equi...

Case Study 📚 This property currently stands as a condemned furniture store. Going to rebuild into 10 units. 8 residential and 2 retail.
Purchase Price: 💲350, 000
Renovation Budget: 💲1,062,000
ARV (After Repair Val...