We purchased a 3 unit investment property less than a year ago.We are now running into some hurdles.Heater was not working beginning of spring so we decided to change to gas heating from oil heating. (It costed us $6k...
Hey Everyone, I closed on my first out of state rental today--it's my hometown in Indiana, but I live in Chicago now. My dad is still in this town.Anyway, I put up an online ad yesterday, had my closing at 9:00 a.m. t...
All, Looking for advice, suggestions to resolve a partnership. Here are the facts. Please bear with the longish post.A friend bought a property for 140K to rehab and long term rent in Sept. 23 using a HML. The loan wa...
Hi BP,What is the best negotiation you've done so far, what moves did you make and how did it turn out for you? Just walked on my first SFH deal and want to learn more about effective negotiation.
Does anyone have the language you use in the lease for Renter's Insurance?
I am about to renew the lease with my tenant but it gets very costly having to spend another $250 for my attorney just to add a simple parag...
I am finally in a position to prepare to list my rental, the repair work is about done, then the cleanup.
I called the person I expected to list it with, and she said she's not taking any more listings. She'll work ...
So I have a two BR townhouse and for the past year I have had two great tenants with absolutely no issues. These are the first tenants I have ever had. We will call them 1 and 2. Well, 1 decides she wants to move out ...
Hi everyone,First off, very grateful for everything I can learn from BP and to everyone for the contributions.My question this time. I have just done my first scheduled maintenance visit to my first rental (great tip ...
Hello, my husband are comtemplating and talking with the owner of a small property management co. to buy her business. All units she manage are HOA condos.
We would like to take over her business and keep her busin...
Very basic question here. I bought a townhome under my own name in oct 2020. Now my wife is pregnant and she bought (her name and money only) a larger townhouse in same zip. My question is do I have to worry about mor...