Good morning, I’m Mike Conrad. I live and work in the Springfield Missouri area. I have an amazing wife and three, soon to be four wonderful children. I’ve listened a little to the BP podcast and talked to a few peopl...
I am about to close on a triplex. We are inheriting two tenants (one unit is vacant). During the due diligence we were given the information that the respective leases ended 7/1/22 and 8/1/22. Now, one day prior...
I apologize in advance for the lengthy post. A little background: I own 2 rental properties in TX. Both are under my name, and not in an LLC. (I don't plan on getting them under an LLC right now.) Anyways, I created m...
Good afternoon everyone! Long post alert but please bare with me and add if you have any value. I have a situation that I need advise on how to handle it. Back in February of this year I decided to take advantage of d...
We have a tenant sitting and not paying rent. Him and his girlfriend signed on together with two kids. Their lease expired last year. Month to month basis. Broke up in April 2021 she moves out but keeps her stuff I. T...
We have a renter who has a hard time controlling her emotions. She has been in the house for 10 months and her lease is up at the end of October. So naturally she is looking for a new place and put us down on the appl...
I'm speaking to all property managers out there who can help me understand this. I just let my manager know that my friend contacted them through Zillow about my listing. Its been a week since she's heard anything ba...
I'd like to understand when and how different values of return should be utilized and interpreted. After much reading, I have come up with the following (excluding COC and Cap Rate for this discussion, since I believe...
Hello I have a friend who has saved up $35K and well on her way to 40. She is 25 and has a job with a yearly salary of about $67,000. she lives with her folks so she’s not paying rent, her student loan is about $70k...
https://www.biggerpockets.com/...Currently needs nothing, everything is new. Slate roof, vinyl siding. Maintenance should be low on this for years. These numbers are with adding a meter for the water to charge back ...