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Today we entered into a contract to buy a 3 bed 2 bath House in Kansas City Mo for $145k. The house will rent for $1500 to $1700 per month.I’m teaching my daughter how to create a monthly budget and will set up a sepa...
Hi,
I am experiencing a horrible issue with evicting my tenant who refuses to pay rent and has not paid rent in almost 7 months and used legal aid to withhold rent.
I sent an order to evict my tenant for non paym...
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Trying to find an article about putting each rental property into a separate LLCs or putting a group of rental properties into one LLC.Just looking for pros/cons of each approach. I've heard there are differing opini...
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I house hacked by the room for 4 years. As a landlord I’ve had some situations I never thought I would experience.I would like to know the crazy stories of others. I definitely have improved a lot my screening process...
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Hi BP members,I need help analyzing the follow:In Houston Rental market (suburban), most will follow the 1%...so here is my calculation for getting a rental house that can rent out for $1500/month, at $150KMonthlyRent...
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Hey everyone,
I wanted to get a sense from people who have STRs on how they view the current landscape of STRs, and how they feel their properties are performing? I've helped numerous clients find STRs. One client of...
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Heres the situation:
The house is owned free and clear
Seller is motivated but not desperate. It was listed on MLS and didn't sell.
ARV: $150k
Rehab est: 20k
My cash offer: 80k
I...
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Hey all,
I hired this contractor to do some balcony work on my property. I paid him 50% of the final price as agreed in our contract for the completion of 50% of the work.
However, it turns out the work was of low ...
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I created a 2 page PSA to be used when wholesaling deals, but my attorney was concerned there was so much missing from it that's in the standard form. But really, does it even matter if a lot of the specifics are miss...
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Ch. 1 Why I Love Rental Properties
Ability to use the leverage
Ability to hustle for greater returns
Ability to manage my investment directly
People always need a place to live
Its worked ...