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My question is in regards to wear and tear; specifically, plumbing below the floorboards and inside the walls on a 20-year-old rental cottage. If there is leak not readily noticeable, as in occurring inside the bathro...
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Hello BP friends. Getting too many requests related to plumbing.Do you have any recommendation for that? I was thinking about updating contract to make tenants pay for expenses (plumbing issues)Last month expenses wer...
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Hello Everyone,I was just wondering what are things that can be done to a property that my ultimately increase value of a property. I know this can be many things, but I was hoping to have some ideas thrown out there ...
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So I am looking to purchase my first rental property. I know that typically deals are not found on MLS or Craigslist as these are the "deals" that have made it past all the savvy investors. My question is this though:...
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I still don't get it. I understand that you grab the deal before anyone else can get it. Get it under contract then sell the contract to a buyer at a mark up price. But how do you get it under contract? Where I am ...
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Good morning,I approached my landlord of 2.5 years about purchasing the property my wife and I currently live in. We have been looking for a duplex for a while but thought we would at least ask our landlord. Luckily,...
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Would you ever put an offer on a property with out looking at it if it cashed flowed $1400 a months ? Here is the situation, the property would cash flow about 1400 a month.. tenants are not letting anyone view the pr...
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What do you think about going with one of those discount brokerages - where you pay for the MLS listing but that's about it? On the one hand it seems wise if your market is strong and your house is desirable and y...
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Hi All,I've been investing for a few years now and when I'm running numbers I always set aside a percentage of the rent for maintenance and cap ex. I adjust this number slightly based on the condition of the property,...
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Hey Minnesota landlords. (or attorneys) Im working on an eviction for non payment and some other lease violations. I was going through the form HOU101 and have a question about section 3 regarding the part where you h...