Nathan Patterson
Finally Did It; Purchased First Rental Duplex.
Well this was a long time coming, but I finally did it. In October of 2023 I was able to close on my first property. I will include numbers below. What happened after that....an immediate eviction. Luckily it wasn...
Julie Hassett
What is the $$ Value of a Lead Free Rental?
Hi BP community! My partner and I just had a deal on a Baltimore (21213) row home fall through on appraised value.Here's the quick and dirty:We agreed on a $74K sales price for a recently rehabbed lead-free unit. (I'm...
Tyler Merrell
Mobile Home Park or Houses?
I have access to money and and plenty of land. Do I want houses of Mobile homes? Whats the best route for income? I am from south GA so Mobile homes are easy to come buy here. I also come with construction skills and ...
Mike Shemp
Vacation property questions in the Outer Banks?
Hi All,My wife and I are looking to purchase a vacation rental property in the Outer Banks. This will be our very first rental property. I have read a lot of books on the subject, but had some specific questions abo...
Ronald Roetsel
Security Deposit Deduction - Damaged Irreplaceable Items (Parts)
Hi,How would you estimate security deposit deduction if a tenant broke almost all shelves, bins, and drawers in a high end fridge? The fridge was bough approx 5 years ago for ~$2K and unfortunately neither manufacture...
John Lindemann
Does a buy have to have a realtor to buy from a realtor?
I am selling an investment house in Oklahoma and I have signed with a realtor to list and sell my house. Last weekend a buyer found our house from a listing my wife had posted on a Facebook page. The buyer messaged ...
Ivan Smith
Eviction advice needed in Phoenix, AZ
Hello, i have a tenant in Phoenix AZ area, that has been late in paying rent for last 2 years, due to me being out of state and schedule i finally decided to evict him. He would pay rent usually half around 15th and t...
Shelby Regner
Is starting with a 12-unit building unadvisable?
I'm still a year or so away from making my first investment and will spend the next several months learning more... but it seems everyone want you to 'cut. your teeth' on a single-family/smaller number of units. Yet, ...
Nathan Gesner
Are rents dropping in your market? You are not alone.
https://www.zillow.com/research/october-2024-rent-report-345...
It's normal for the market to slow down in winter, especially right around Thanksgiving and Christmas. This year feels different, and I'm hearing many l...
Evan Bell
Anyone use 1800ACCOUNTANT??
So I set up my LLC through LegalZoom and got a "free" 1 on 1 call with a rep from 1.800.ACCOUNTANT as part of setting up through them.I just got off the phone with the rep, and now I ask you: Has anyone here used 1.80...