Should i buy properties with no equity just rental income. I usually get grand slams with a mixture of both but looking at a nice house in a really crappy neighborhood. It would cashflow and is huge and big has potent...
Hi all. I am new to this community and REI, so please be patient with my very beginner question :)I am just starting to learn about analyzing deals and am not sure how to estimate my financing details when doing so, m...
Howdy yall. I'm a newbie. I have one rental property in College Station.I'd love to enter the Broken Bow market with a one or two bedroom cabin. But is this market tapped out?What's the next best location you'd recomm...
Hey BP Peeps,I'm closing on my first property and I'm very excited. I'm working with a contractor who's done work on my primary residence (and is now a rental) and he's always done great work. He's an investor as well...
Hi - my main sewer line (clay) is nearly done for and needs an overhaul. Significant cracks in 5-10 different places and the connection to city sewer is near broken. The entire line runs underneath the driveway for ...
Hi all,I am trying to hammer out the repairs and replacements a tenant is responsible to pay for as well as my responsibilities as the home owner. I have been reading on BP and the answers are all over the map. Will y...
I had a tenant recently move out and we had to replace all the blinds. Slats were broken, wands missing etc. When the tenant moved in all the blinds were brand new. Would you deduct the replacement cost from the se...
If you had only $15k for improvements would you do an Oil to gas conversion with AC or new windows. They both need to be done, but the bank is only willing to give me $15k.What makes more immediate sense for better re...
Hi, community!
I'm down to my 4th single-family deal, I am an out-of-state long-term investor and I'm still learning a lot. My last one is not turning out great. I take all this as a learning lesson on how to not do ...
How do you draw the line between wear and tear vs just excessive force & abuse?Example, if within a two month period you had the microwave oven door handle broken off, refrigerator door handle broken off, the exte...