Joshua Dorkin
Investing during the boom vs. investing now . . .
Hey all -
I was contacted by a reporter who is working on an article about investing during the boom vs. now and she is looking for feedback. I make no promises, but jump in and leave your feedback and perhaps we ca...
Sarah Martin
Renting a back lot for commercial storage
I am in escrow on a commercial/industrial complex with 3 fully rented warehouse buildings and a dirt lot in the back corner. Currently the tenants are storing construction equipment and personal RVs in the lot for fr...
Tony Gunter
Balance between Debt and Cash for being Poised to invest
Hello BP Nation.I would like some opinions from the experienced investors on the forum.I have just sold my primary residence and we are in good shape now for our upcoming relocation to the Atlanta area. I also recentl...
Shawn Mcenteer
Mold issue
Hello,
I am looking to purchase a home that has tremendous mold damage in the basement. The basement is finished but took about 2 inches of water during hurricane Irene a year and a half ago. My questions are1) how...
Slavik Lund
Example lease FROM ALASKA
Hello,
This is to reply to a previous post as well as information for others. This is the lease that I am going to use when the previous lease expires. It has been revised by my attorney. All comments, concerns, o...
Dave Ketcham
Replace refrigerator icemaker?
We supply a refrigerator with our rental property. It's a modest but nice 3BR 2BA SFR in a nice neighborhood in Lee's Summit, MO. The refrigerator is older and the icemaker stopped working. The tenant has asked ...
Henry Clark
Self Storage- First auction since Covid
Held our first auctions since Covid started. Haven't held an auction since February. Had 4 units out of about 860 total rentals. Only had one person we know moved out due to covid because one of them lost their job. S...
Roshan Taheri
Removing tobacco stains from tile
This is my first rental property purchase and we are fixing the place up. Prior tenant smoked so bad that there’s tobacco stains on the floors and light switches and walls. We got the walls covered and the light switc...
Elenis Camargo
Would you do a new lease in this situation?
Hey BP! My husband and I are closing on our 3rd rental with inherited tenants, but this scenario is a bit different. We live in NYC now but want to move to Jacksonville where our rentals are. This property we are clos...
Amer Swid
Need advice on inspection report. Knobb and tube and others
Hello,
So the inspection report came back with these red flags, the offer for the house was 300k, then i asked for 25k reduction and they take care of all the hazardous stuff but they said IT ok for 25k but you take ...