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I have 23 single family homes being management. The terms are pretty standard - 10% monthly rents - 1st months rent on new lease - $200 renewal.Most of what they do is fine but they are not on top of tenants as much a...
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Hello BP friends. Getting too many requests related to plumbing.Do you have any recommendation for that? I was thinking about updating contract to make tenants pay for expenses (plumbing issues)Last month expenses wer...
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When you're showing your property or interviewing a prospective tenant, do you purposefully wear a certain type of clothing?I've only worn what I had on that day, so sometimes I was working on the property when they c...
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I am interested in mobile home parks. Have not bought any yet. I am curious, have you had any concerns with your personal safety buying mobile home parks? Second question was about liability. Have you had concerns or...
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I have a townhome in Arizona that I'd like to AirbNb. Called the HOA to make sure it would be legal. They said they don't *want* that type of rentals in the community, but when I asked them for specific guidance in th...
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I've been looking for a rehab property in B class neighborhoods and so far nothing has materialized. I'm using the typical general equation: ARV x .70 - repair costs = purchase price.I understand the markets are sup...
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Hey all,
Just wanted to let you know I'm about to close on my first Condo. It's about 10 mins south of downtown chicago. I'm about to close at 157k but the appraisal came back at 165k so I guess that's good.
Recent ...
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My hope is that sharing this might motivate another BPer that was in the same position I was just 12 months ago (or even a couple years ago for that matter).
It's hard to believe it's already 3 weeks into 2020...thin...
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I just purchased (2) duplexes in Oshkosh Wisconsin, and am looking to put together some excellent (vouched for, dependable, and trustworthy) local contacts. Specifically, looking for contractors (plumbers, electric...
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This came up as a suggested link on a story I was reading, courtesy of the Chicago Tribune and Amy Dickinson:(http://www.chicagotribune.com/lifestyles/askamy/ct...)Dear Amy: My husband and I rented our house to friend...