Nikhil Raverkar
Negotiating purchase price after inspection
Hello BP community!I'm in a process of buying my first rental property. I got the inspection report and I found following bigger issues/ concerns1. The furnace is getting old - but the buyer is buying a home warrently...
Leah Woods
Tenant wanting to do bathroom renovation?
Hi All,
I am a relatively new landlord. I have a duplex in NH and the new tenant has asked if she could do renovation in the bathroom in her unit. She wants to either move the toilet from one side of the bathroom to ...
Quentin Mitchell
Great Tenant story! Share your stories too
I always hear people talk about the horror stories about tenants and there are plenty, but I would like to share about a great tenant that actually ended up moving. I had a tenant about a year and a half ago that I ha...
Steven Haughey
Closing in a few days. Cold feet or red flags?
Got a property under contract that's is going to be my first investment. Its a duplex in a decent neighborhood, half of which is already rented for 800/mo. Issue is with the inspection I had done. Sewage in the baseme...
Ryan Zomorodi
First Long DIstance BRRR! Foundation + Basement Water Issues REO
Hey BP Community-I'm working on my first BRRR - and it's turning out to be quite the challenge.1925 built multifamily property in Cleveland, OH, purchased as an REO (AS-IS, buyer assumes everything, no disclosures, et...
Nicholas Lilly
How To Break Residential Lease Agreement in Texas
Breaking or terminating a lease agreement early can be a headache to the landlord. Regardless of the reasons, generally, the lease holds the tenant liable for the remaining rent until the lease agreement expires. This...
Scott Le
Does a new roof over-improve this house?
Bought my first house a few weeks ago planning to buy & hold it. The original budget was 14k. It would've been a marginal flip (I projected I would've made only $9k if I flipped it today), but the rental rates ...
Luis Guerra
The 25% property management fee was killing my STR profits
Hello everyone,I've been managing my short-term rental (STR) in the Orlando area for a few years now. Initially, I handed over the management of my property to a company, giving up 25% of my earnings for them to handl...
William Huston
Possible Deal: Can you help me with the numbers.
I currently have never done a flip of this degree, so i wanted to get some input from the masses on the numbers. I have been reaching out to banks and previous owners of properties in a nearby area and a bank responde...
Jeffrey Douglas
HVAC replacement/swap out. Cost for labor? Doable by myself?
So, I just got an offer accepted on my first home, super excited. Anywho, this crappy sellers market kinda forced me to go the fixer/pretty-upper route. The home has a probably 10-15 yr old HVAC system, obviously I'm...