Hello bp, question about cash reserves for the bank. Currently going for my 3rd property putting 25 percent down most likely being a owner occupied property. I'm using some of my own money plus 50 percent of my 40lk. ...
My boiler burst this winter during one of the cold freezes. I had my plumber fix all the burst pipes and when he repaired the pipe close to the boiler water supply he discovered oil boiler had developed cracks on it ...
In another thread, @Bill Gulley and I had a brief discussion on underwriting guidelines. Rather than take that thread off topic, I created this one to hopefully further the discussion. The main contention was whether ...
Just got a call from my tenant saying the gas furnace isn't working. If I can't get a repairman out there today (it's Sunday) and they have to go a whole day without heat, what do you do? Tell them to suck it up ...
I’m still relatively new to the real estate game (2 rentals owned in just under 6 months of investing) and have been coming across different strategies to buy properties. One of these strategies is called the HELOC me...
What are the top three (or more if you're willing to share) types (regarding subject matter, i.e. water leak, A/C broken, etc.) of phone calls you get from your tenants?
I'm working with James Wise and Holton Wise's company right now to buy luxury property and make them into airbnbs. I've been running the numbers, and while some can't really cut it as an airbnb, some of these properti...
I'm a Landlord who allows tenants to keep pets, although my patience is slowly wearing thin due to the odors they leave behind. I'm wondering if anyone has suggestions as to ways to limit pet odors/damage. An an examp...
How do you determine who is responsible for repairs/maintenance? Obviously if the furnace or AC goes out, or you have leaks coming from the roof or upstairs bathroom, it seems that it would be the landlord's responsib...
My scenario goes like this... lets say a previous tenant just moved out and now for the next month the property is listed for rent, finally someone moves in but for that one month no one is living in that unit and onl...