Hi fellow BP members. Once again I am turning to your wisdom.I am a newbie and my first rental is on market for rental right now.I received an interesting call today from a property management company who exclusively ...
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I just purchased my first rental property located in north west indiana, i live in Illinois. While reading and familiarizing my self with Indiana landlord laws a few things struck my curiosity....I have been thinking ...
So thank you Michael Evans I saw your answer for another post about how you can also use the 2% rule, which states that the monthly gross rent should be at least 2% of the purchase price. If I put that into play I wo...
Greetings,I started about 18 months ago buying SFR and duplexes which i would buy, renovate, refinace, and repeat. As of now i have 3 SFR's and 2 duplexes that are all fixed, rented, and cashflowing great.I decided to...
As a newbie who is doing research for his first flip. How do you know if a contractors estimate is to high or to low? For example say the contractor tells me all the work needed to be done will cost 40,000, but in rea...
So, I did serve a 3 day notice to vacate, the tenant is reluctantly complying. I think that he will leave tomorrow which is day #6 since the notice was given.
I have not retained a lawyer, as of now. I have one wait...
Dear other members of this site,My name is Cody Cummins and I am a sophomore at Oklahoma State University. After extensively researching the act of flipping homes, I am very interested to flip a house in Stillwater, O...
My daughter is getting set to put a for rent sign on her first house in Buckeye, Az. She has spent quite a bit of money fixing it up for her first renters. Paint, flooring, cabinets and clean out. The only thing she i...
Hi,My rental was in Anne Arundel County, MD. Since the tenant moved in this March, he was always late for rent payment. This month, he was $400 short of a full month's rent ($2400/month) and already 13 days late. Can ...