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Hi everyoneHope you all having a great weekend. I'm really excited since I'm under contract for the first time for a single family property in Tampa. We are still in inspection period. I'm planning to split this prope...
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Newbie here: I want to place an offer on a tenant occupied duplex to owner occupy. In order to place an offer I requested copy of the leases and the 90 day notice to sell. The sellers agent refused and said only after...
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I own a 4 plex in Salem, Oregon and I am purchasing a single family home there.I have a property management company on my 4 plex, but I am moving to the area and plan on managing it myself from now on. I cannot, for t...
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I'm 11 months into my first rental (triplex), and so far I've experienced:
-2 evictions (inherited tenants)
-a roach infestation
-thousands of dollars in damage to one unit
-likely more $ in damages to come
Am I det...
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Good morning BP,My wife and I closed on a six unit yesterday after a successful 1031 exchange using @Dave Foster and his group. The process took 84 days from putting the Boston property up for sale using @Charlie MacP...
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Hello All, My name is Sean Molloy, I am a Production Manager for WDB Funding, a nationwide hard money lender. Ask me anything about hard money lending and I will do my best to answer! The purpose of this discussion wi...
Hi BP community. I am fairly new here, I started looking into BP and listening to the podcasts when I was purchasing my first property last year. My first property was a single-family home purchased just before I turn...
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Hello everyone! I help manage MTR/LTR properties in Indianapolis. Recently, we had an issue where a mid-term tenant moved in and only raised concerns about the property several days after arrival. We always perform a ...
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2900 Square Foot Home that has been recently renovated in a not so bad neiborhood for 50k. So anyway I am in there by myself touring the property at night time... I open the kitchen cabinet and.......... a family of d...
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I know: turnover is the biggest expense. But let's be more specific. Is it:1. Time sitting vacant during turnovers?2. Losses due to excessive wear-and-tear?3. Maintenance or capex?4. Expensive property management?5. M...