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OK apologies in advance if this is a dumb question, but I'm not quite getting it. Background, this is my first rental, manage and maintain it myself. In Wilmington, NC. Small 3br/2ba. Total payment is $794 and rents ...
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Hi everyone, I'd like advice on how to proceed.Its a commercial condo on a downtown mall in a small city. Prices are generally high here, and cap rates don't get too high.The tenant (long time coffee shop manager has ...
Hi everyone this is my first post here though I have been lurking for quite a bit. I have found a property that looks promising and would like everyone's opinion on the deal. The area is ny state. Just at the cusp o...
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We buy a lot of manufactured homes and have more demand for them then we can hope to fill this year. That is a good problem to have!!!
Unfortunately I have run into several occasions where the parks are cl...
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Hello landlords, I'm looking for feedback on a situation where I was the prospective tenant, but I was rejected in favor of another tenant. My understanding is that the landlord should be evaluating applications in th...
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I am meeting with a few contractors this week, I am trying to find one that I can trust to do complete rehab work on rental properties and flips. How do most of you work out your compensation agreement with the contra...
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Hi Everyone,We have been planning to move the ownership of our rental property into our LLC for tax reasons and to protect our personal assets. However, our lawyer has informed us that it could be problematic because ...
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What would be the best (cheapest) HVAC system for a duplex conversion type project with the goal of having independent climate controls in each unit? 2 furnaces and 2 AC's? High velocity ductless system? Ducted heatpu...
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Everyone in the REI community always seem to have extremely high standards for the tenants they choose - good credit, no criminal history, on time rent, absolutely 0 evictions, etc. I've never met someone that didn't ...
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Dear BP Family, I know this isn't the most flashy of topics, but here is the situation I am in: My company recently purchased a 7-unit property in Portland, OR (Keyword alert: 'Portland' is being discussed on biggerpo...