I was hoping some sharp minds here could give me some ideas in my situation.I own a vacant city lot in my city, it's right across the alley from my home.  I inherited it over 20 years ago and it's basically a liabilit...

This is an update to my post "Desperate in Memphis" from December 28th!Great news! We booked our second tenant (in my duplex) at $650 on a one-year lease to a young couple with solid income, excellent credit backgroun...

I'm sure I will one day regret all the "stupid" and embarrassing questions I am asking online right now - but for now the help is appreciated, so here goes:I have a small single family property that I just purchased. ...

Do you prefer complete rehab, minor touch ups, or rent ready rental homes and why?Early on I wanted rent ready homes because I was just getting started. However now I prefer properties that need more work up front bec...

Hi there, Id like your opinion on potential pitfalls of a deal in a suburb of detroit outside of Birmingham. Its a NNN dental office with 8 years left on the lease of a national dental chain with corporate guarantee a...

I live in NJ,d and I am buying a house in Michigan for a SFR.  Do I start an LLC in Michigan?  Do I use a NJ LLC?

Hello all new and established BPs.  A conversation in January with a coworker (and BP fan) opened our eyes and here we are - we just closed on a cash-out refi of our primary residence (in Missouri) today @ 2.875% and ...

I bought a 4-plex about two months ago and one of the tenants just left.  The tenant had been living there for 9 years, so there is a significant amount of fixing up to do.  It's only a 2 bed, 1 bath.  I've been quote...

Hey all,Wanted to share my story of my 3rd deal. At the close of the refi it was at 23.5% cash on cash and a 9.4% cap rate in a market where comparable multifam is trading closer to ~5.3%.I'd done two others (maybe fo...

So I have tenants in my property that are complete PITA's. They pay on time but they nit pick and complain about absolutely everything! I have a PM. They are currently on a year lease which expires in June 2019. I wou...