Andrew Smith
Should I still bid property? Cold feet...
Found a nice $80k property that apparently was rented out for $1100. 1% rule check. Did some calcs and seemed like a good idea. Bid $75k (why not I thought) then got outbid with cash offer. Kinda bummed.
Now, similar...
Ryan Short
Running electrical wire through plaster and lath?
Hi everyone on BP, I recently closed a 4 family house in Massachusetts in June. The house has a 1BDRM, 2BDRM, 3BDRM, and a 4BDRM. The 1 BDRM and the 2 BDRM are rented from before and are close to paying for the mortga...
Ian K.
Tenants turned off heat, pipes froze. Advice needed
My tenants turned down the heat since they had purchased a home but were still under lease for a few weeks with my rental. They turned the heat all the way down, I guess around 40 or 45 (it's past the last number of ...
Joshua Biondi
24 hour handyman in Columbus Ohio?
Hello, everyone.
I recently purchased my first rental property last month. It is a duplex located on the west side of Columbus Ohio (Hilltop Area). There are tenants currently residing in both units, and while there ...
Minna Reid
A little advice from someone who's been there
All you newbies - I'm a little further along than a newbie...But I'm learning the hard way...I crashed on my first rental, and my first rehab. I was way overly optimistic about EVERYTHING.
BUT - hey you have all the ...
Mario Dickson
5 Properties Inherited in Memphis
Greetings BP Family,I recently ran across a young lady who inherited 5 properties here in Memphis, TN and about 4 acres of land in a rural part of Mississippi. 3 of the properties are in the South Memphis area (38106)...
Ryan Brady
Tenant Intentional Damage in Oklahoma
Hello, I am a first time landlord and bought my first Triplex in June 2019. I currently use a property manager. One of my tenants filed a work order that said the garage door spring was broken. The tenant then removed...
Bill Briscoe
What rehab improvements will maximize resale?
I'm buying a foreclosure for $84K, ARV should be $125-$130K based on comps, maybe a little higher based on quality and condition. 3/2.5/2 1720 Sq Ft, 1988 construction.
The loan package consists of a 6 month IO const...
Carolyn W.
Rental Property money pit
Dear Bigger Pockets community:I was wondering if you could share your thoughts on my current situation.The first rental property I bought last year has definitely been a learning experience on home repair and maintena...
Shawn Dandridge
Who Pays for HVAC Service Call?
My tenant contacted me late last night saying the heat wasn't blowing upstairs but it was downstairs. As this used to be my primary residence I immediately knew it was the dampers. I asked the tenant if they checked t...