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Hi!I'm in need of some advice for dealing with two problem tenants. I recently purchased a 4-plex in Arizona and inherited 3 of the 4 tenants (2 out of 3 on Section 8). At closing, I immediately accepted a 4th tenan...
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I've converted to being a pet friendly landlord. It seems over the past few years that 75% of the applicants have pets so it makes sense to do so. Conversion of flooring to accommodate this is expensive and I charge...
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This is mostly for the women on BP, but, it is wise for men too. There's an Arkansas Realtor that went to show a property and hasn't been heard from since. Missing RealtorAs an agent over the years I have heard these ...
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I just got a message from my Lender , and found out that I qualify for a maximum loan amount of $60,000 I will be going the Conventional Loan amount of 5% down , with the standards for the house " mandatory " repairs ...
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Hi BP friends. I’m going to be closing on a property that requires the entire home to be upgraded from knob and tube.
Here’s the numbers
Purchase Price $44K
Knob and Tube upgrade $13K
Insurance premium $2246/yea...
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Hi,I've been working on getting educated on the forums and listening to podcasts. I recently came across an opportunity buy a property that I could fix up and make a vacation rental. I wanted to ask if anyone has ex...
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I am about 90% complete on renovating a 100 year old SFH and have learned several ways to be frugal which I will carry into the renovation of my second property. I thought the BP community would gain from my experienc...
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Morning,
I've got a question with regards to equity in rental properties. Would one be better off to pay a rental unit off with the income he/she receives from it or reinvest in another rental? It seems to me...
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Hi All,We have a SFR that we are going back and forth with the buyer on in the Sierra Foothills of CA. Turns out it's in a wooded area, too far from a hydrant and over 5 miles from a fire station. The one quote I've...
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I have a tenant who's otherwise been the average tenant: generally pays on time, and is overall fairly average. However, I wouldn't put it past him to try to pull the wool over my eyes. Anyway, I suspect that this ten...