On July 15, we went under contract on our 6th rental property.  It's a townhouse and was listed for a day when our offer went in.  It's in the same complex where we have two other units - offering on this one was a no...

So I closed on a duplex Friday.  I had a sick child so my husband closed in my absence, so this is all being relayed second hand, but here goes.  Before closing, I made sure prorated rent and security deposits were in...

We found a 2 family property asking 115K. We will offer 85K and keep out fingers crossed he accepts. We have spoken to a contractor, for rehab. His estimate is 70K, that includes turning it into a 3 family and add...

I bought a short sale rental house in New York a little over a month ago that had to be renovated.  The gas heat was turned off last April by ConEd, the local utility company, because the previous owner had not paid t...

Working on a house flip, but have a bit of a concern.  A wholesaler sold me the house-half of a double lot.  Typical strategy, they hold and sell the empty lot separately, I didn't have a problem with it, as I got a g...

Recently I am looking into Texas SFH market. It was as hot as bay area several years ago, no, actually even hotter.  A new listing came up during Xmas day, and today there are more than dozens waiting in line for open...

I am looking to purchase a single family home and turn it into a rent-by-the-room situation. PadSplit is suggesting to take away common spaces like the living room and dining room and turn them into bedrooms. I think ...

I love automating my rental business. Here is a short list of what I have automated so far:1) Showing pre-screening: After getting some ideas from other Bigger Pockets users, I automated gathering information from pot...

To be honest, I'm not even sure if you can carry an annual warranty policy on rentals, but is this an avenue anyone utilizes?  The benefits would certainly be to stabilize fluctuations in maintenance costs and to stre...

I have been renting a house for the past 7 years in LA and now sadly the family wants to move back in. I figured it's time to buy my own place, especially with rents so high, but timing couldn't be worse. Every home h...