Jerry Miller
Property Manager, issues with make ready repairs
Hi,I purchased a house recently and my property manager did make-ready repairs in it. Nothing serious (not a fully-fledged rehab). There are a couple of issues with it, though, and I want to understand how you would r...
Michael Peters
Vetting Management Companies - Questions To Ask?
I feel like this question has probably been asked/answered on here but I can't for the life of me figure out how to search the forums so I guess I'll just make a post myself!My wife and I just closed on a lake home in...
Kaven L.
Should a PM walk the property before dispatching a plumber?
We pay a PM to manage a SFH, and this past week we received a $1k bill from a plumber for fixing the washing machine drain pan. I'm a little frustrated because from the plumbing bill I don't understand what exactly wa...
Charles Chang
Thinking of Doing a 1031 on two SFRs to Multi-Family
I have been reading a lot since joining the forum. Now I am finally ready to pull the trigger after getting over the biggest hurdle... convincing the wife.So I currently hold 2 SFRs with no mortgage in San Gabriel Val...
Mark Sewell
Low End Condos as Investments - Houston SW
Happy Friday. Let's talk about something I've been wondering about for some time.I saw some really inexpensive 1/1 condos down there in that 59 & Bwy 8 area. The standard 'investor/handyman dream' deal, just nee...
Jessica Mead
Hello from Colorado Springs!
Hello BP’ers!
I am excited to jump into the forums here and start meeting people! Here's a little bit about me... I am in the early stages of my REI journey – as in, loaded with (probably too much) information and e...
Chris Pasternak
Raising rent on tenants after purchase of property -- good or bad idea?
Title says it all. The additional details are that the top tenant has been there for 4 years and the bottom tenant has only lived there since August. I was wanting to raise the rent $50-$75 for the top unit (3 be...
Madhur Mehta
Should I sell my +ve Cash flow investment property
Hello everyone, I have been grappling with the below question for the last few weeks.We have a condo in downtown Chicago that we bought for $150k 10 years ago which generates ~$900 per month on Cash flow. The CoC is g...
Ryan Holtz
What Real Estate Markets Should I Invest In As A First Time Investor?
I am having a hard time finding anything that cash flows with a down payment from 20% - 35%. Should I be expecting to place a down payment of 40% or more? I am looking for a growing market with lots of appreciation va...
Scott Trench
Should Entrepreneurs Consider Getting an MBA?
I used to wonder if there was any value in going back to graduate school and getting an MBA. I have a professional background in Corporate Finance and believe that I have the skill set necessary to succeed in a decen...