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How did I do on this deal?So, I decided to purchase a second rental property. The property I found was a SFH on foreclosure auction. The price I finally bid was $76k with approximately $4k closing and buyer's premiu...
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I had some break-ins in my apartment complex so I installed 8 cameras around the apartment complex. None of the tenants objected before the video equipment was installed.But after the installation one of them didn't l...
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Hi Everyone! I get it. Birmingham is a great place to invest in and you get your ROI. However, recently I started noticing that in the Eastern Birmingham area, most homes, acquired by Out of State Investors (Californi...
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We looked at a property yesterday and the realtor was very cagey; no information, no sellers disclosure, no idea about whether it was sewer or septic. He said he told the seller “the less I know the better”. Very odd....
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ARV=$160,000Contract Price= $49,000Repairs= $20,000-$25,000 repairs Problem: Owners deceased with NO WILLBehind Taxes= $10,000 (Tax Sale June 1st 2017) Owes= $24,000 (Charged Off but are accepting payments to principl...
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So i am in the process of buying my first investment property and was quite shocked at how high the closing costs are when i got the official numbers. is there any negotiating with the lenders on any aspects of the cl...
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I'm a new RE investor and new to BP! I'm an Emergency Medicine physician in the Bay Area a few years out of residency training (still paying off loans). My first property is in a Dallas suburb that I purchased using a...
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I own a duplex and I occupy the 2nd floor. I have a tenant (single female) on the 1st floor who has only been there a few weeks and has sex quite loudly around 2am when I am trying to sleep after putting in a 12-16hr ...
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I am just finishing renovation of a triplex near a college and am beginning to list it and take tenant applications. College students are the most obvious market. Two college students looked at it today, and decided t...
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I received this text this morning from one of my tenants..."Good Morning, Mike! We have been seeing a TON of spiders and bugs in the house, and were wondering if it would be possible to get it sprayed. Please let me k...