Brandon M.
To 'subject to' or to not 'subject to'
Okay BP-ers, looking for some advice/opinions regarding a property I own in Charlotte, NC,. Like most other owners who purchased a new construction property in 2006 I am even/slightly upside down still. It was origina...
Jay Gordet
Utah Duplex Appraisal Way Off - Need advice!
Dear Real Estate Investors,There is a lovely 3200 sqft. duplex for sale in Lehi, Utah currently renting below market value at $1200 per unit. 3 bed 2 bath per side (one unfinished bonus room per side too). The listi...
Steve Manoa
Sell or rent out primary residence?
Hi, we own a condo in an upper middle class suburb of NYC and we are trying to decide if we should sell it or rent it out. We're around 40 y/o with 2 young kids and have lived here for the past 5 years. The building a...
James Nix
Tenant has Mushrooms growing in bathroom
Hey everyone,
So I got sent a picture of what seems to be mushrooms growing in the ceiling of my tenant bathroom. I sent the picture out to my contractor already waiting for feedback but I wanted to share it here als...
Matt Liu
Paying a Super 6% of Gross?
I am thinking of offering my handyman 6% of gross rents to take care of an apartment building I will be getting soon. He will do everything except bookkeeping, paperwork, and filling vacancies (I have a great renta...
Julian Dangerfield
Loan Officer (If it ain't broke don't fix it)?
When my wife and I purchased our first home back in 2011 we used a loan officer that was recommended to us through our real estate agent (who was a family friend). They helped us find our house and really worked with...
Account Closed
What repairs are okay for tenants to make on their own?
I have a tenant who contacts me weekly for repairs. Some are legitimate and require a specialist, while others are trivial, such as replacing a sprinkler, and it's getting very tedious.Which repairs can I reasonably e...
Edita D.
best TYPE of property managers
Who are the best property managers? Here are the options:
1.property managers that are also SELLING real estate (example.Re/Max)
2.property managers that OWN real estate of their own in the area or out of town OR
3.pr...
Brad Taylor
Smartlocks or Keypad Locks for Rental Properties
Just about to close on my 1st househack rental! I have to replace some of the locks and wondering if I should just make the jump to a keypad or smartlock instead of the cheaper/traditional lock for all units?Love to ...
Fredrick Hock
Repairs - How do you NOT go over budget??
When you buy a property that needs some work, how do you protect yourself from going over your rehab budget (or from the contractor exceeding his estimated cost)? Do you include specific language in the repair contra...