Dave Carpenter
city inspection on poor work done before owning the building
Good morning all!I had the city of Milwaukee inspection department (DNS for those of you who are local) call me the other day about an open inspection on one of the properties I recently bought. The short story, is th...
Tom Carroll
Post Mortem on a 'failed' deal
I recently made an offer on three properties with a total of 14 units (mix of studio, 1, and 2 bedrooms) of $420,000 (listed at $480,000. Seller countered at $455, I came back at $450k and we had a deal, subject to t...
Luis Pereiro
Unauthorized Pet and damage
Hello BP. Seeking some advice on a rental. Tenants asked for me to repair the wooden fence. I met with tenants and saw that it was leaning a bit and a few of the panels were loose. Informed tenant I could do some sm...
Greg Fuente
How crazy is my action plan?
I'm new to the forums although I've been listening to the podcast for a while. Due to a legal settlement, I have some capital to invest and I need some help/advice formulating a plan. At this point, my goal of $20,000...
Nick Vehr
Finding a good property management company
Was just thinks big about calling around to the local property management companies and was wondering if there is any advice you all can give. I am currently in the Cincinnati Ohio area and looking to buy around there...
Tim Stover
Landlord Terminating Lease Before Move In
Hello BP,I'm asking this question on behalf of a family member. Family member + friends have signed a one year lease for a new construction home starting November 1. They received a notice yesterday that the house h...
Joe Assad
Why 18-hour Cities Are the Next Big Real Estate Thing
Gateway cities like San Francisco and New York have long been favored by real estate investors, because they are fairly recession proof and tend to be insulated from job loss and declining property value during econom...
Sunny P.
New appliance...repair vs. new
Tenant called and said the oven part of the range won't turn off...had a repair company look at it and they quoted me $480 to fix it because it needs a new control board..which apparently is $280 PLUS labor Long story...
Jay G.
Buying investment property from self using self-directed IRA?
Have some funds in a self directed IRA already that I plan to purchase property with, let's call this IRA$. With personal cash - MY$. I intend to purchase property below market value, in cash (cash only auctions). Us...
Alexander Zurn
How much of funds to use with private investor
Hello - I have a bit of a spin on the age old question: To use all of your savings on your first property or not.I have 10k I have saved in 6 months to put towards a property. I have planned to use 5k of my own funds ...