Closed on a house from HUD on Monday. Learned today that when Bank of America foreclosed on the property they did not include the second parcel number in their paperwork. This trickles down to us only owning one of th...
I have a tenant who claims that there is a bad sewage smell coming from the master bathroom - making it unbearable to live in the condo.He just moved in there on May 1.The entire condo was remodeled. I was there very ...
Good afternoon everyone,The Tenant in my home decided to have his father mail me the check for the last months rent. I mentioned to him that after his parents paid the first months rent and security deposit I would on...
Earlier this year, I purchased 5 duplexes in Milwaukee metro in a package deal. The buildings were inexpensive $96K for the package and all together they needed less than $20,000 in repairs. I took a $100K HELOC to ...
Oregon is considering a bill with state wide rent control. As landlords, this is obvious an issue incredibly important to our industry.Rent control creates ghettos. Rent control drives up the cost of housing. Rent co...
I hear stories that people have bought houses for 10 cents on the dollar at sheriff's sale/auction. How is that possible? Why would a 50% equity homeowner default when he/she could put their property on the MLS at 7...
Why do our renovation expenses seem to be so much more expensive than investors I hear on BP podcasts or at conferences, etc.? I hear investors repeatedly quoting renovation expenses of value-add apartment renovation...
Hi everyone,
I had my first eviction case experience and it was quickly dismissed in favor of the tenant. My property manager did everything by the book. The tenant was on a month-to-month lease and we gave her more...
I have a remodeled, multifamily building in an smaller, old railroad town which has been down on its luck for a while, but seems to be slowly improving. As such, the core neighborhoods are pretty scrappy looking and m...
I've recently purchased a 1950 three bedroom, one bathroom 972 sq ft single family home. We paid $67,500 plus $1,600 in closing costs for the place. Experience from our first rental, rent will range from $1,100 to $1,...