I'm a newish landlord. Last year, I bought a duplex that came with a problem tenant — someone I've since learned has a criminal history and a gun. He's never paid his rent on time, had sketchy people living in the pl...
Hey BP, As we know, the 2% rule is a widely used guideline in real estate investing, which states that the monthly rent should equal 2% of the property's purchase price. This rule is often used as a quick way to evalu...
I've spent the last 2 years searching for a home for residence. I found a home approximately a year ago (short sale) and it ended up falling through at the last possible moment (week before closing). Since then I've s...
Hey Folks,I am a new wholesaler with a lead on a condo in Lithonia, Georgia. I have a few questions for the group, but I will give a little background first.The condo is in fair condition in an area that doesn't have ...
Hi!!My husband and I are looking to buy a rental property in NC to Airbnb out while we are not there. We would like to be in a town that has the vacation attraction (either mountains or the beach). Since we live in NY...
Hello BP!Our parents recently sold their condo in SC but did not do a 1031 exchange, as they didn't understand it as they are older. And didn't reach out. but, they now want to put the money into another property. So ...
Hi AllI have a tenant who on various occasions has fixed issues that have come up and deducting the cost from the rent without reporting the issue until after repairs are made. We usually find out that there was an i...
So we all know what a hard money lender is. But the question I have is how do you become one? Does it require any sort of state or federal accreditation? Do you need to have a certain amount of start up working capita...
Say a landlord has a section 8 property and wants to reimburse the rent for the month of December back to the tenant (both their portion and the portion paid for by the government) as a result of feeling the holiday ...
Posted something similar awhile back but here we are again. Have condo which is inside a building with 10 other units, power went out for their unit only so we sent out electrician, he found that the meter socket was ...