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Hello BP!So I have a tough decision to make on whether or not I want to evict a tenant. Background:Tenant is a single mom with 3 kids. She put down a 3 month security deposit. She has never been a good tenant. Has a s...
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Hello, My name is Julian. I am new to investing at 19 years old & i wanted to see if you guys could give me some tips. I plan on BRRRR investing. What is a good amount of money I should save up to start? Is it bet...
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Hey BP community. The wife and I just got our second rental property after house hacking our first one for 3 years. It’s a duplex and the prior owners lived in the lower unit and was a smoker. I got the place painted,...
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How many other property managers here put the property water and power bills in there management companies name between tenants?We are getting ready to list 6 properties from rent for an investor and this has come up...
I have a house that we are in process of renovating. Its located in a rural area of the desert. Our main renters will probably be winter visitors. We are located about 15 mins from one golf course, and about 25 from...
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Hey BP!Right now I have email alerts to notify me once certain criteria have hit the markets for the suburbs that I am looking at. These areas are ones I personally know, but I want to investigate what areas I may not...
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Hi all,I am going through an eviction here in Cook County, Illinois, I won the Case as well as the money judgment. The Sheriff coming to forcibly detain the property could be any day, I call Constantly to find updates...
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Hello everyone,
Looking to purchase a 4plex in AZ (Phoenix/Tempe/Mesa area). Would love to know your thoughts/experiences/woes/violent reactions ???? as to the pros and cons of properties with HOA fees vs on...
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Good morning All,
I have a couple offers pending on multi-family properties and I wanted some advice. If I can land these properties, I am thinking about including water and sewer in the rent. I have seen pro...
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Took 8 weeks; purchase price $55k; rehab $29k; closing/holding costs $3k. Total $87k.
Rent $1335.
taxes/insurance $275; loan repayment $375 (private loan at 6% interest only); loan was for $75k.
20% for maintenace,...