Liliana Allison
Preparing to close on apartment complex
Hi BP,I am getting ready to close on my first 8 unit apt complex. I would love any and all advice as to what to do now in order to make this a seamless transition. For example, I've read many say they send a letter wi...
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1031 exchange to rental unit
I am soon looking to sell some investment land and thru a 1031 exhange move this money into a sf or multi tenant house. Given the time restrictions on the exchange I don't feel I can spread this money across multiple ...
Federico Gutierrez
Tenant has disappeared, unreachable
Lets start with thanks for reading and I didn't think I would have this issue so early.I have an 8unit apartment building. Tenant in #3 has disappeared. None of her neighbors have seen her (I believe this has much do ...
Mark F.
Outside wall in neighbors yard, poor condition? PICS
Hello BP,Today I was approached by the neighbor who backs up to me. There's a concrete wall that separates us and a drop off. The owner of the property started saying it's in poor condition (broken english) and I need...
Stephen E.
Tenants!
A rocky day dealing with tenants. First we deliver a replacement stove to a tenant whose stove had a bad burner. In pulling out the old one we discover that the tenant has stuffed plastic carrier bags all through the ...
Jim Herbst
Do you carry a home warranty on your rental properties?
To be honest, I'm not even sure if you can carry an annual warranty policy on rentals, but is this an avenue anyone utilizes? The benefits would certainly be to stabilize fluctuations in maintenance costs and to stre...
Peter Mateja
Newbie, soon-to-be REI in San Jose, CA
I've been lurking on BP for about a month, after my friend and prospective business partner introduced me to the site, and suggested that we look into partnering in REI. Providentially, he did so just after I'd read ...
Mark Houghton
Hello from Central New Jersey
Would like to start off by thanking everyone one BP who has contributed and currently contributes to the success of this forum. I've been scanning BP for sometime now and have learned a tremendous amount about real...
Dale Osborn
What kind of incentives do you have to retain Tenants?
As everyone knows it costs a lot to turn a unit between residents. Therefore it is recommended you do everything possible to retain the better tenants. Do you have some specific items in place to retain these tenants?...
Lucas Allmon
New investor to the Los Angeles beast.
Hello all,I'm a software engineer in Los Angeles, and have been an aspiring investor for about 10 years, ever since I read Rich Dad Poor Dad and the deal was sealed since I played Cashflow in 2007. In that time I have...