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Hello all,My wife and I bought our first property that we're looking to rent out. We've found a candidate we're likely going to rent to, we've done the background/credit check and my wife's communicated extensively wi...
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Hello, I am currently working with a friend of mine to open our own retail business. I have also found that the building we are looking at renting through is up for sale. I have been thinking of buying it because...
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Looking for guidance. Also seeking legal counsel if someone here can point me in right direction.Recently purchased building with two legal units. I will owner occupy the third unit. Neither tenant has leases however ...
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As someone who came from a Corporate background before beginning to invest “intentionally,” I have a tendency to analyze the pros and cons of every deal. Of course, too much of that can lead to “paralysis through anal...
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My tenants sent me the following message. There was no previous messaging of any problems; they informed me of replacing and discarding the previous unit all in one message. Then expect me to pay for the new unit. The...
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So first we bought this 6 unit in New London, everything was going fine until the insurance company did their inspection. Got a letter in the mail of their “recommendations” that are mandatory that I complete. $10k la...
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A restaurant owner is looking to buy one of our flips, bank appraised at $200,000, we are asking $230,000 and buyer is happy to pay $230,000. The extra cash the buyer wants to bring to the table is from the restaurant...
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Hello out there BP, I am trying to decide whether or not I have a case against my property management company. I've been reading some of the forum posts here on the subject of civil lawsuits against PM's and what I've...
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I am an appfolio user and have been for 5 years. We are based in Texas so generally a very friendly landlord state. We currently manage about a thousand doors and pay Appfolio many $1000s per month in fees. I don't kn...
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Hello BP,I have a 14 unit C+ apartment that I am debating on property management options. I work full time and I currently have an off-site management company that charges 8% monthly fee and half month's rent on lease...