Hi everyone! I am in a big jam, here's my situation....One of my recent aquistions was a 12 unit apartment building. After the 1st month, I received an astronomical high water bill/sewer. Where I purchased this buildi...
So historically I've been terrible at keeping these sort of deal diaries, but I'm hoping the BP community will help keep me honest...and updating. Back on February 22 I closed on my first rental property since joining...
Hi BP familyLiving in Louisiana I'm beginning to receive calls about people wanting to get rid of their flooded houses from the 2016 flood. I have never thought about flooded properties before so I decided to reach o...
Are you afraid Tenants will trash your rental?Tenant won't pay rent?The economy will turn and your rentals will sit vacant?You've over-extended yourself financially and the next problem will wipe you out?What keeps yo...
Hi Everyone,
Would anyone know of an exit strategy or heard of exit strategy from other investors of Trada? I am scheduled to close on a property next month from Trada and no longer qualify for the loan since I am s...
I've inherited a few rentals with chronic late payers. They are all 10-20 days late. I always post the notice to pay or quit about 5 days in just in case they don't pay, but they always have.I'm sick of posting notice...
Hello!
We bought a duplex in Saint Paul, Minnesota and have it marketed at $1375. It's an up down duplex and my husband and I live in the bottom unit. So far we have two different groups interested. One is a group o...
I will be getting my real estate license very soon (approximately 2 weeks). I currently work full time in the RE industry (not as an agent) but will probably start out as a part time agent on the side doing open ho...
Your advice appreciated with this dilemma:
I am about to close on a 6 family (1987 construction). Rent is currently $2100/month. There is one meter and I JUST found out the monthly water bill is like $300-$350 - I ...