The perfect tenant for years...and then, WHAMMO...they turn on you like a pitbull. Your professional input would be appreciated.1) The flooring in the kitchen is cracking. Instead of repairing the damage, I offered to...
I have a friend whose grandmother purchased 11 homes last year for her kids/grandkid (my friend being the grandkid). Its a mix of SFH and MFH. The properties are causing turmoil because...well they can't get along to ...
Hello BP!I am hoping to find some insight on the Logan/Avondale/Irving Park neighborhoods of Chicago. While I know that these neighborhoods are highly competitive and good deals are not east to come by, I'd like to kn...
Really finding it hard to find 1% rule properties especially when you factor in vacancy, repairs, capex, HOA, PM fee in the total expense along with PITI. Recently found a short sales which may meet this criteria but...
Hello everyone,I am a fairly new landlord in the state of Illinois. I own a single unit within a building of about 43 or so units that is managed by an HOA. I experienced my first tenant swap this month, and needless ...
So we (my Wife and I and our 6 children) live in New Hampshire and have lived in this house, in a great part of town, for 2 years 9 months. I have asked the landlord about selling to us in the past and they have now a...
Hi all, I have learned a lot after lurking for nearly a year on BP forums. Thank you all for your helpful posts. My wife and I “house-hacked” (hope that’s the correct terminology?) our way into f...
I just closed on my first buy and hold property. $35k cash for a 4 Bed, 2 bath that I think would easily command $1,000/mo. post-rehab (9+% cap). I plan to budget about $20-$30k for rehab... updating kitchen, bathroom...
Hello everyone,I've made a few Wholesale Deals while working with a very generous Mentor. But now I am curious about a few things I read in a few Facebook Group post.The first gentleman stated that "he doesn't even bo...
I am currently under contract for my first STR in Almond, NC just west of Bryson City. This property has a nice mountain view with a good-sized deck. I am going to be doing a complete cosmetic rehab on it. The proper...