I purchased a home from a sheriff tax sale in texas.  The home was abandoned by the owner.  It's not in a great area so it has been gutted by neighbors that like to take metal to the scrap yard to get a few dollars.  ...

Hello I have a question and I want an outside opinion First let's begin with I dropped my rent check off on the first as it is requested And I receive a call next day to drop another check for water bill amount in wit...

Hi, I'm new to BP... still very much in the "gathering information" phase as I learn about real estate business models and investment strategies. I'm active duty military, and any near-term investment strategy I pursu...

We closed on our first rental property this morning.  We are purchasing this through seller financing.  The tenants that are currently in the property owe the previous landlord approximately $2600 in back rent over th...

Hello All, I recently purchased my second rental property. It is in a ready to rent condition with the exception of the kitchen that is very outdated (See picture below).  I have a total budget of around $3,500. The k...

Hey everyone.  I need some advice.  I have a renter who is going to break their contract which they just signed in January.  It is a year contract.  I was contacted by a manager at an apartment complex looking for a r...

Wondered if I could get some more experience REI eyes to look over my numbers. Something doesn't seem right—am I really not going to make any money?I'm looking to convert my current home (7 yrs old) into a rental.Curr...

HelloWhen having a property inspected is it recommended to use an actual licensed inspector to prevent any inspection clause issues if the seller tried to claim the inspection wasn't reasonably performed or will i be ...

Hello Everyone – This is my first post here on BP, looking forward for some great discussions as well as ideas. My wife and I are looking to begin our real estate venture with this property as we purchased at a great...

During an air quality inspection for a property I’m looking at 2 kinds of mold were found to be at “Elevated” levels: Aspergillus/Penicillium and Basidiospores. The home has had water intrusion at a sliding door that ...