Brett McManus
Bank Account Structure for House Hacking
Hi BP Community, Towards the end of this month I will be closing on my first duplex to House Hack in the Minneapolis, MN area. So far I am remaining confident in my numbers/reserves amidst the current conditions and ...
Michael Junior
Is the deal worth it??? NEED TO LOCK IN TODAY IF SO
So I have an offer out on a flip in San Marcos CA. Its a manufactured home brought to me by a wholesaler. Now before everyone jumps on me and says there no skin in the game let me start off with the reason im so gun-h...
Alan Asriants
The realities of when you start acquiring more units - unexpected vacancy
There is a harsh Reality when you start acquiring more units to your rental property portfolio. That reality is unexpected vacancies. When you own a couple of units, the odds of there being unexpected vacancies that o...
Matt Schambeau
Cast Iron Sewer Line is clogged
I have my first rental property which I purchased at the end of July in Roswell, GA which is just north of Atlanta. It's a small duplex that was built in 1965. This week I had two plumbing issues. On one side there...
Jacob Hilton
Options to use equity on current rental
History: We had bought a house about 5 years ago for my grandma to live in and she has since been moved to a nursing home. Rather than sell the house, we have now had a renter for about 6 months. Currently, we owe 80k...
Atul Mathur
Tenant wants to terminate lease early
I have a good tenant that would like to terminate his lease early because of a new work location. And an easier commute. He’s been an ideal tenant (always pays on time and takes good care of the place).
If I agree...
Steven Bays
Alternatives to window units
I am interested in a quad which uses a boiler. Installing central air would be basically impossible and the units have window AC. Are there any alternatives or is it window unit or bust? Moreover, if the window unit i...
John D.
Landlords....What would you require in this scenario?
Potential tenants for the 2nd floor of a duplex are 20 and 19 with no credit/rental history. I did confirm employment and background and both came back fine. Neither prospect has worked for their employer more than ...
Brandon Allenczy
Estimate on converting garage to studio apartment
Any ideas on how to estimate the cost of converting a garage into a studio unit? Not sure of garage square footage. Home is listed at $150K, 3 bed 1 bath, 4 minutes away from Biltmore (Asheville, NC).
My thoughts are...
Elena T.
First Eviction Completed - FINALLY
Just wanted to share in my elation - it's been a long few months!I started the eviction process on my tenant the last week of January, and as of TODAY, I have my house back! The eviction process is the worst process I...