Mark Stone
Investing question
Hey everyone,I have a question in regards to where to invest next.I currently have a triplex and am trying to decide on whether to focus on increasing its cash flow via removing my PMI or moving on to purchase anothe...
Matt Nelson
Bought to rehab, now uncertain...
Hi
Ive been reading around here a bit, but not a lot of posting...and now I have a question/story.
A few months ago, I bought a small 2B/1B home in a senior area. It was a good deal at the time because it was in po...
Derek Caffe
Should You Ever Pay Above Market For A Cash Flowing Property?
I'm conflicted BP. There's a legal triplex I'm looking at that would cash flow with my financing, market rents and expenses, BUT it's priced at or above market with at least $25K in renovations conservatively. I just ...
Brian Wise
Is this house a bust?
I’m looking at renting this property and I’m having trouble with the number crunching. I can’t seem to make it work great. I question how there are deals out there.Purchase $145,000. 3 bed 2.5 bath$1700-$1800 per mont...
Puja Devi
Contractor threatens to place lien & call city for code violation
Hi all, have a situation here where the contractor that did the work on my property is now threatening to file a lien and also call the city for multiple code violations because I am not agreeing to pay the full amoun...
Alan Grobmeier
Tired of getting calls from wholesalers and flippers
I average 2 calls a week where someone calls me up and wants to buy one of my rental properties. I have heard the speeches so often I KNOW what they are gonna say next. Usually it starts out with, "we have bought a ...
Marvin Meng
How do you collect rent?
Actually, the title says it all. Right now I'm using a PO box that everybody mails their rent to. But late rent is getting blamed on the Post Office (which is possible). It seems like the 2020 there should be better o...
Elisha Keller
Newbie Question #4: Number one Mistake
As I've been on BP I've been reading as much as possible--even the ones that sounded scary. I want to learn the worst things about being a landlord as well as the positives. The question for the day:
What was...
Jason Breton
Exiting a House Hack with tightening Airbnb regulation
I own a duplex in Denver. Living in 1 unit and renting the other on Airbnb. My intention was to rent on Airbnb upon exiting the property. That seems risky now considering the current trajectory of regulation in the ci...
Todd Moriarty
Tenant won't pay water bill. Any suggestions?
Hey all fellow landlords "in the trenches" with me in the Detroit area:In the five years my tenant has been at my rental property, most of the time he has been $300-$600 behind in the water bill. It's his responsibil...