Bill Gulley
WHO OR WHAT IS A REAL ESTATE "INVESTOR" ???
What is your definition of a "REAL ESTATE INVESTOR"? I'd like to see how youBP members define yourselves. Who do you think you are? It may sound profound or egotistical it will make a differnce in your outlook as to w...
Austin Green
Cashing out 401k, Is it as bad as people say?
I'm considering cashing out a modest 401k and combining that with cash to purchase a 4-plex. I have seen lots of discussions about the pros and cons of cashing out. Some people suggest solo 401k or self directed, or j...
Dennis Kronenwetter
Bought House - Undisclosed Plumbing Issues = High Water Bill
Hello BP Community,
I closed on my first rental property about a month ago. The house was sold by a flipping company. Everything was great and exciting at the beginning - and then....
After buying the washer and dry...
Amy Martin
Tenants added more to walk-through list 10 days AFTER moving in
This is my first rental and I thought I have found very good tenants...But I'm concerned about this list of "problems" I'm getting from my tenants. The lease started from beginning of April but tenants didn't actually...
Becca F.
Considering these syndications - pros and cons
I've been investing in the Bay Area (1 SFH solely owned and 1 multi-unit, co-owned) and Indianapolis metro area (2 SFHs). I made several offers in Indy since this summer with an attempt to BRRRR (in a non-typical way)...
Ashlee Andrews
Stessa--new cash management feature
Does anyone use Stessa for collection of monthly rental income? What program do you use for rent collection? (automatic late fee generated program)
Johann Jells
What to do about a sanitation summons on a 3 family?
So I just received a summon in the mail for an infraction 10 days earlier: the recycling was put out too early in the day. It appears to be for $110. I could pay it, or go to court and see what happens. I'm sure when...
Account Closed
Need advice on dealing with contractor
Need Advice...I hired a contractor to do a basement renovation and it was supposed to have been done in 6-7 weeks. It is now week 18 and the work is still not done. He is dragging his feet and not putting in any effo...
Kyler Tarr
Knob and tube wiring
I am on contract to purchase an investment property in Ohio and the inspection showed the house has knob and tube wiring even though it was built in 1959. I had an electrician go out today to inspect and give me a quo...
Richard Rohrbough
Monthly mortgage is greater than rent - What to do?
Hello BP friends. I need your help on what to do with my rental.My monthly mortgage payment is greater than the rent I can get by $150 and the 2023 taxes are going up another $150/month.I’m sure this is a common issue...