Fellow Landlords,My tenants are trying to back out of the lease 2 days before they move in. Any advice would be great. Here's the background:I have a 1973 SFH in Wichita Falls, TX. 4/2, 2143 sq ft on a corner lot. I a...
Hi, all. I need some help deciding what I can do with a deal brought to me by a friend. Property is a two story with a one story side-addition, 3200 sq ft, century-old storefront-type building with 2 1-bed apartments ...
I have seen multiple threads and discussions on BP surrounding the questions of reserves. SO, I won't ask the same question again but pose it from a different angle. If all of the following happened to you, do you fee...
Hey all - first time poster here! I’m in the process of closing on my first RV park and wanted to get everyone’s thoughts on the overall deal and see what I may be potentially missing here.The property is selling for ...
I was notified that a couple in town are wanting to completely get out of the rental business because their construction company has taken off and they are too busy to deal with the rentals. They sent me a list of 16 ...
Hey guys, very long time reader here, but first time poster. I wanted to see if other experienced investors could help me on how to deal with the stress, anxiety and sometimes the fear of managing a larger portfolio o...
My husband and I have been sitting on too much cash. Between a few bonuses at work and then I received a severance package after which I quickly found another, higher paying job - we have close to $300k cash and appro...
I am looking at a C+,B- 4 plex in S Florida. Asking is 500k and the neighboring 16 units sold 2 years ago for $1,040,000. These are 825 sf 2/1 units. The numbers are:Asking 500,000Current Rents 815, 800, 750, 815My Of...
I know there are a lot of hidden costs in buying a home to live in and even more when buying an investment property. I am trying to figure out how much I can afford without taking on too much risk. I'm planning on a...
Hey guys, I wanted to ask advice on my current crossroad. I own a 2 bdr condo in DC, purchased for 349k in 2017 and now valued at about 415k. It’s not a great rental prop per say, but it’s increasing at least 20k/year...