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New landlord here in Colorado, rented out the previous residence. Today I delivered the keys to the tenants who relocated from another state. He told me that he really liked the neighborhood and he would look for hous...
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[RANT] My tentants (1 college student + 2 young working professionals) were tired of waiting for my plumber to fix a sewage smell - it took a series of months to complete root cause analysis, so they took matters into...
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I hope people find this write up helpful. I tried to be detailed without getting too long winded, but if I missed something don’t hesitate to ask. I really wanted to highlight the lessons learned on the BRRR strategy ...
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So.........................................Here's the deal.
I know a really really really smart guy. He's what I'd call an 'actual expert' for Bank Of America.
Well, recently, I went to him and said, handle all my...
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Hi BP, I am currently evaluating a property where I know a cash offer is looked upon favorably compared to purchasing with a conventional mortgage. I am in position to make a cash offer this week. Since the process ...
I am a landlord for a couple duplexes. Been doing this for about 10 years. My property management just put in a tenant in side A of one of the duplexes. I have a no animal policy (unless it's service animal which is r...
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Ok, I have 3 properties under my LLC, Wiregrass Property Investors, LLC (WPI). My wife and I are owners. We make $40,800 a year in rents, before taxes. I also have an umbrella policy to cover my personal assets.
I h...
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Does anyone know if BP offers contracts for a wholesaler such as buying and selling if they're a PRO member? I'm looking for a contract for my leads to get under contract and a contract for selling to the investors I'...
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I am inheriting a lease on a rental property. Does anybody have a template for an Assignment of Lease between me, the new landlord, prior landlord and tenant?
Or any website that has templates? I didn't see anything...
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I have been told that the common areas such as the hallways, stair cases, any outdoor lighting have to be put on a separate meter when renting out a multifamily home. I am new to the business, how true is this?