Greetings everyone, TL;DR Newbie from San Diego with 50k liquid, 50k potential 401k loan saved up looking for a cap rate 10%+ property in Indianopolis/Grand Rapids. Looking for a turn-key to start out. Do not want to ...
We have an inherited tenant. Her and her husband had been there 5 years. He was a landscaper and they traded landscaping services for rent with the previous owner (whom we know). Last November we purchased the propert...
I'm a landlord dealing with a tenant who has been unresponsive for the past month. She is currently late on rent for the month August and still owes a remaining balance of $100 from the previous month. I've made sever...
I've been living in my current house hack for ~1.5, and I placed my tenants in September 2023 (lease is up at the end of August). The house is a new construction in a Class C neighborhood.The tenants pay late rate ~50...
Sorry for the long post, but I wanted to give a full review of my first flip. I’ve had been lurking around BP for around 2 years now, and the amount of information is amazing. Here is the story on my first flip.I had ...
I live in Texas and one of my rental properties is having the roof slide due to broken supports. I've filed a insurance claim and have sent my tenants texts, emails and certified letter that the house is potentially u...
We have a tenant that is accepting the letter we sent outlining the extensive damages she did. We did it legally and sent an itemized invoice with receipts and she is willing to pay us back over a period of years. We ...
I'm considering investing in a duplex that I will owner occupy. The duplex was built in 1991 and is priced at 285k with an assessed value of 255k. The listing agent said that the price was set where it's at because ...
Who here has purchased Rob Swanson and Steve Cook's Instant Empire Builders? Are you building new construction yet with no money and no credit and low risk? If you're successful doing it, would you say it is because...
I have a few things going on. So much that I wasn't sure how to title this! First, I have too much credit debt (embarrassed to admit 50k) and wanted to obtain a HELOC to pay off and at least get a tax credit for the i...