Orlando Kell
What is proper order of rehab work?
Just purchased my first SFH rental off-market. Needs extensive work but don't know true extent. I do know it needs P/B foundation repair, new tile, and plumbing updates. My question: is there a general order of doing ...
Dan Koch
Seasoned Investor Marketing Help!
Hey guys!
I am planning on getting back into my wholesaling after taking about 12mo off. I took time off after I lost my biz partner and decided to rehab a few houses and let my life calm down a bit!!!
I'm getting b...
Dennis Meppelink
How to screen a tenant who never had a landlord before?
Hi there, Every body knows you have to screen your new tenant.One of the points is to check the previous landlords of the tenant.What can you do if the tenant sold his house and wants to rent your house? Can you do an...
Alexander Schloe
Should we consider a lawsuit?
Friends, We recently bought a STR in GA and it seems like we walked into a mess not disclosed by the sellers or picked up on the inspection report. For example, after closing we walked in to find: water in the baseme...
Dale K Poyser
Added second bathroom without a permit, am I screwed?
Hey BP community,My gf bought a condo 3 years ago. The condo is 900 sqft 1bd 1 bath with a loft. We added a full bathroom to the loft area so now the condo is 1bd 2bath with a loft. The next step is to enclose the lof...
Danielle Hake
100 amps to 200 amps electrical upgrade for 1000 sq ft unit?
Hello! My property manager is telling me I need to upgrade the electrical panel on one of my units from 100 to 200 amps - the cost will be around $4k. For reference, the unit is a 2/1 and around 1000 sq ft. It is half...
Account Closed
DEAR NOAH: Am I overreacting or is it time for a new Property Manager?
"Dear Noah, I need help deciding what to do about the property manager of my out-of-state property. It's a duplex in TN. I've owned it for 5 years and have never seen it. It wasn't in awesome shape when I bought it, b...
Shenay Russell
So, my first deal has been a total disaster so far...
previously posted this but after looking around a little more, I think it belongs here...Hey BP!Like many others, I have silently stalked these forums for months on end, Read and re-read posts of everyone’s advice, su...
Michael Seutin
how many of you hold your rental properties in your name?
After holding a few properties in my name, I decided to start an LLC for asset protection as it is recommended everywhere, so my latest property is held in that LLC.
I find it so unconvenient to have an LLC, insurers ...
Amanda Sutherlin
Owner Finance deal- has 2 mortgages, Agreement for Deed …Can I even buy this thing?
Found an Ownder Finance deal but found out it has an Agreement for Deed with 2 mortgages due on Nov 15th 2016:$18,500 mortgage due to an individual$34,450 mortgage due to an LLCPaid $55K with $5 down and paying $700/m...