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Hello, I am exploring being an investor in new single-family home construction in a busy/in-demand metropolitan area. I had a home built by a local builder a few years ago and have been interested in getting into bei...
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Good afternoon,
Some background. Tenant lived in the unit for 8 yrs. Towards end not a good relationship. Things went south. Wife started getting rude, yelling, cursing at me etc. Decided not to renew. Proper notice ...
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I've been speaking with family members regarding buy and hold strategies and Cleveland, OH has come up a few times (they are not from the area). Can BPers who have invested in or have first hand knowledge (second han...
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My husband and I just closed on a duplex today. I dropped off a letter to the new tenants giving them my contact information, new lease, etc. In my letter I ask them to let me know if there are any repair concerns.L...
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I have a potential tenant who was evicted from her last home. I offered to rent to her on a month by month basis. Increased rent $50/mo from my regular rate, 2xrent security deposit and a co-signer. I also let her kno...
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I'm very unhappy to hear that Dodd/Frank, the SAFE Act, and who knows what else is in the works, is legislation originated from the banking lobby (in cahoots with the governement) aimed at knocking private and small l...
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Background: April 2013, I purchased a SFH HUD repo. (built in 2007) in College Station, TX for $89K.The loan is a 30 year conventional at 3.75%, 20% down. Rehab costs were about $12K so total out of pocket investment ...
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I was approached by a well know flipper in my area. He is only looking for 15K. Here are the details, he is looking for 3 people to lend him 15k. He needs 45k to flip this property. after the property is complete he ...
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As first-time landlords in California, when our "nice" tenant moved out, we didn't think to give a pre-move out inspection. We didn't know we were supposed to. On the morning the tenant moved out, the property was lef...
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Hey everyone. I have a property management question!! Please help!!
We are landlords and hired a management company. Long story short, we decided we want to manage it ourselves after they started the “advertising fo...