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8 months ago a prospective tenant called me about a STR. After a 3 minute conversation he decided he wanted to stay there. He shows up 3 hours later in a taxi. It's apparent he has dementia. He is a 70 year old Vi...
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Hi.Just closed another 4plex and obviously it came with all inheritate tenants. One of them which has been there for 10 years is saying she always pays her rent on 15th each month. It is not on her lease, she said she...
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We have a dog (black lab) and just had carpet scrubbed and shampooed this week (carpet is about 4 yrs old). 2 days later (to allow plenty of time) I came back and discovered that the carpet smells like wet dog. The sm...
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I am looking to do my first wholesale deal. I stumbled upon a property today that is a 5 bed 3 1/2 bath with a current tenant in Buda, TX. I haven't been to the property yet but I am scheduled to do so. From photos an...
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Hey Everyone! I've been thinking about this question alot since it was mentioned on a recent BP podcast; Is the Bay Area a linear or cyclical market? both certain areas gravitate one way or the other? Any thoughts or ...
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Been renting a few units for a while but looking to be more professional and up to date. The only background check I've been doing is a Google search of applicant's name. What's the best background service for this? I...
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What is your favorite type of Real Estate Investment and why? Quadplexes? Single Family and Commercial investments have been my interest lately. What advice or tips would you give that could've helped yourself when yo...
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So just got an appraisal back on a renovated duplex I'm financing. The appraisal came in lower than I was hoping for and upon digging into it, the appraiser used 3 comps. The breakdown consists of:Comp 1- A property w...
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Good Morning everyone,Im a newer member to BiggerPockets and I have been trying to test out my idea for a business and just wanted to know y'alls thoughts. The business itself is a team of realtors and contractors, my...
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He guys!
Hey, Is this a good investment? Buying a 25 year old condo in a B neighborhood and including rehab costs $60k (arv is $75k+).
Landlord Expenses:
Condo Fees = $190 per month
Property Taxes = $2200 annuall...