If I had to do it all over again, I would have gotten an FHA loan for a 4plex in the early 2000s instead of buying a SFR with a 95% loan. I thought I was smart because I bought the house expecting to turn it into a re...
Current tenant changed the front door lock without permission. This was discovered today by property manager,. Tenant said that the front door handle broke so she took it upon herself to change the lock but made no me...
{LONG POST WARNING}I've researched this topic in a dozen other BP posts-- but I could use some additional input from the experiences and opinions of seasoned investors.(And please, no "consult with an attorney" respon...
Hello all,I am a budding real estate tycoon (or at least i like to think so!), and have so far bough one home in Washington DC that will be registered as an investment property and rented out as of September 30th 2015...
Hello BP!I'm interested in your comments regarding the price for this property considering the current rents. The property is located in Montgomery, AL. The contract price is $274,500. The asking price was $280,000. I...
Hi Everyone,I'm currently an investor in 2-4 unit buildings and am interested to hear your thoughts about whether to 'level up' into larger multi-family or commercial properties, expand into new markets, or continue o...
Hello all, my wife and I have recently purchased a new house and plan to rent out our current home when we move out. I am working on setting up the LLC to move the soon to be rental home into and I have a few questio...
Recently a Modular house builder approached me and introduced me the concept of Modular house. They claim that their building method will save 20% of the price and 30% of the building time, a single family house can b...
At the end of March I'm going to a wedding in Tucson AZ, and am planning to turn it into a vacation by heading to California from there. Wondering where to go? What to check out? I often fantasize about moving there a...
Hi everyone,
I had my first eviction case experience and it was quickly dismissed in favor of the tenant. My property manager did everything by the book. The tenant was on a month-to-month lease and we gave her more...