I am often asked this question: "What is my biggest financial risk in buying/owning a short-term rental property?"
Lots of things come immediately to mind: Septic problems, a new roof, HVAC failure, lower-than-proj...
I was going to close on a REO yesterday, went to the house for a final walk-through, and there's a SQUATTER!! This guy is living in this house without the bank's knowledge. He actually went thru the house with my agen...
Looking to buy my first 4-plex. Do I really need a DBA, or since it's residential property can I just keep good records and have everything in my own name?
What if I buy the property in my name, and then get a DBA to...
I came a across a nice multi-family building with mixed size units in New Bedford, Massachusetts and it raised a question for me. It appears that the building has asbestos exterior siding;.what do investors think abou...
Good Day everyone!
My name is AP Berry, a multi-family investor out of Detroit, MI. I have been investing in real estate since I has 16 and real estate is in many ways the sole reason I was able to graduate from co...
Hi everyone,
This is my first post here, so I apologize if I've done anything incorrectly. One of my goals this year is to learn everything I can about real-estate, especially using it for passive income. I've been l...
I recently purchased a duplex and inherited tenant who was allowed to smoke in the “garage” under her previous landlord. After a few visits in her home it’s obvious that she’s smoking in the house. Her lease is up Dec...
A lot of focus on this board is about eviction nightmare but it is nothing compared to being involved in a gas explosion lawsuit that causes your tenant severe injuries or even death. There is no umbrella insurance p...
We recently listed for sale an investment property with 3 units cash flowing $2700 a month. All three tenants were 6 months into a 1 year lease. When we notified the management company of the impending listing we had ...
I think we've reached a tipping point where it's beginning to look like the economic shutdown in response to the COVID-19 pandemic is causing far more harm than the lives it (may) save. While shutting down some busin...