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Hello everyone! I am new to real estate and have stumbled upon BP through searches and videos on YouTube. I started doing research and reading back in August 2022. It hit me when, by now, 5-year old daughter asked be ...
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Hi,I am trying to get my first investment property, and a couple of banks I spoke to are asking to see 6-12 months of reserves in my bank account to cover the mortgage.I am working on saving money towards a deposit, b...
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My wife's grandma is wanting to move closer to family. Her house is located in a housing edition that is great for single family's or renting out to the local college students (the campus is within walking distance). ...
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Summary of transaction: I want to purchase a vacant piece of land and utilize a "Reverse/Construction 1031" in which I will be selling a rental home. My problem is that I won't be able to get permits required timely...
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Exactly what the post says guys. Tenant has sent multiple emails cursing the landlord and vowing to get even. Horribly fowl language, name calling, and slurs. Tenant states that he will not allow contractors on the...
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Hello BPShould I buy a property that generates negative monthly cashflow including vacancy reserves, management reserves, CapEx, and property management fee? When I remove vacancy reserves, management reserves, CapEx,...
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I'm considering buying an off-market home from an acquaintance, but it's a hoarding situation that reportedly (I haven't been inside for obvious reasons) has mold running up a wall. For extensive mold remediation situ...
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I have a 1200sqf 3/1 ranch with a mild bedbug infestation. I'm trying to figure out the most effective approach (chemical vs heat vs cold vs fumigation, etc). Mt specific question relates to heat treatments. Does a...
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I own a house down in Baton Rouge that I have a property management company that manages it. Got a call last week from my property manager saying that the tenant is moving out today, they put in a 60 day written notic...
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Good morning BP communityWe've run into a situation with a purchase. The appraisal came in low. The seller said he will come down to that appraisal price but will no longer cover his agreed upon portion of the closi...