William Westfall
Rental Property Flood Recovery
On 7/11/17 we had over 10 inches of rain in less than a 24 hour period. Needless to say our rental basement was flooded with the water line coming up about a 1' above the main level floor. 7/14/17 - Police finally all...
Andrew Duna
The Actual Steps When Purchasing a Property
Hi BP I wanted to make this post in hopes of helping people understand the nitty gritty little details involved in the transaction of a property.
I did a preliminary search to see if there was a post like this but m...
Sara Booth
Thinking about flipping houses in Ohio
Hello, Newbie here. I need opinions on this idea.
I have $100,000 I want to invest in real estate. I live in Los Angeles and I have family in Cleveland, Ohio. The last time I visited Cleveland I had the idea to start...
Dan Cerempei
Renting or selling my 1st house
I'm in process of buying my 2nd property as my maine residence. Thinking to rent my 1st property. Just numbers don't really add up. So:
1) 1200$ mortgage payment
2 ) extra 100$ a month cause we are loosing homeste...
Jordan L.
Neighbor's Tree Fell on the Fence of My Rental Property
Hey everybody,
I'm facing a new situation. A neighbor's tree fell in July of last year into the back yard of my out-of-state rental property, damaging a small section of chainlink fence. My property manager at the ...
Mary Jay
LLC,transfering title, due on sale clause,+ making it all legit
Hi guys, I have a question for you...Ive been trying to transfer my 2 houses into 2 LLCs but really worried about due on sale clause. (If the bank finds out I transferred a house into an LLC the bank can make me pay a...
Nina Ning
Tenants took our Fridge and Furniture when they moved out.
This is the tenants didn't pay April rent and we sent them 3 day notice. They moved out on 4/30. This was rented out as furnished house with fridge and furniture. When we came in after they moved out, we noticed they ...
Devin Collins
How to go from no houses to 50+ units and 30+ properties.
Hoping someone has some advice:I have an opportunity to buy a block of real estate (50+ units, 30+ properties) I have a partner that compliments my weaknesses and will provide organization, technology, and a managemen...
Edgar Perez
Refinancing out of FHA after 1 year (house hack)
Hey BP,I am looking into purchasing a $170,000 duplex using an FHA loan and house hacking. The duplex is a bank foreclosed REO and I think the asking price is about where the home is valued at. It is located in a ni...
Sami Gren
lease agreement for garage
HI,
my tenant has asked me to rent the garage in back of my multifamily property, I want him to use it only for storage, does anyone have any suggestions how to structure such a lease, or has such a lease form?
Th...