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Recently purchased a rental built in 1910. We had the sewer line scoped before closing so we knew there could be potential problems and that $12k would be the worst case scenario if we had to replace it. Well, we have...
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I have a unit becoming available this month in San Pedro, CA and plan to hold an open house for prospective tenants. What do you use to run credit/background checks? Also, any advice on where to obtain a good rental a...
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My business partner and I have been wanting to get into the hotel investment side of the business for the last year or so. We have a hotel construction business where we generally handle 2-3 projects a year that r...
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Hello, we are currently doing approx 40 properties each year and having a hard time keeping up with all of the paperwork. We were filing our transactions by each property and putting all information pertaining to the...
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About a year ago, I purchased a 3bd/1ba single family property that needs some work in a college town (< 1 miles away from the football stadium). I'm currently living in and renting it out to a college buddy and a ...
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Hi everyone,I would like to get some advice and here some stories about flipping houses in South Bend, Indiana and Northwest Indiana in general. I am in the process of getting my real estate license mainly in order to...
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Hello everyone,I have a very general question for the BP community. Past few days I've shared my idea to my friends during dinner that I want to go into real estate flipping. One question they asked me and I'm not s...
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I sat for my Texas Real Estate Salesperson License Exam last week and passed :). The testing center was Pearson Vue in Houston location. My print out just says Pass. I really wanted to know how well I did but they wou...
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Barring a couple year transition from the military into law enforcement I've spent the past 15yrs working for the government. Two years ago my wife and I decided that I needed to change my career path. So I resigned f...
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We are buying our first rental property (single family home) in North Carolina. I went looking in the Pro section under Landlord forms and found a tenant agreement. It was 30 pages long for NC. Is this REALLY necess...