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Results (25)
Adam Widder Where to store rental reserves?
20 November 2021 | 73 replies

We're going on 3 properties, and I'm wondering where others store their reserves for their rental properties? My general rule of thumb was 6 months of PITI, which I have in a savings account. As we go to 3 properties,...

Skip Gilliam 8 unit for sale in my area retail bottom, apartment on top.
4 February 2016 | 5 replies

Any experience in these type of units? Retail or office space below, apartment above. Units are fairly new built in 2006. Apartments are rented but the retail space below are vacant. Great location but not sure about ...

Judson Heess LBP disclosure mishap
9 April 2024 | 4 replies

 recently I’ve had some problems with a current renter of mine leading me to want to serve them an eviction notice of 30 days since their lease is month to month. I realized that I may have made a mistake on my LBP di...

Justin Melton Ceiling Fan mishap
4 May 2024 | 8 replies

I just had a guest check in and the ceiling fan blade (less than a month old) fell off and hit him in the head (no injuries or anything) but they would like me to come take a look at it.  I live close and that’s not a...

Pam R. Almost (and actual) mishaps at closings
5 January 2014 | 1 reply

I've been chained to my couch today perusing all kinds of posts here, and it got me thinking about my recent closings. Someone may find these lessons useful:

1. I refinanced a duplex in April with a new mortg...

Billy Davidson Newbie Needing Advice - Shower Mishap With Tenant
12 January 2020 | 2 replies

Hi BP,
I recently purchased a 4 bed 3 bath house and have turned it into a duplex. The downstairs is 2 bed 1 bath and has been rented out to one person, while the upstairs is 2 bed 2 bath and has two people living in...

Billy Davidson Newbie Needing Advice - Shower Mishap With Tenant
12 January 2020 | 2 replies

Hi BP,
I recently purchased a 4 bed 3 bath house and have turned it into a duplex. The downstairs is 2 bed 1 bath and has been rented out to one person, while the upstairs is 2 bed 2 bath and has two people living in...

Brandon Clark Requesting extra funds from lender for possible rehab mishaps
26 May 2016 | 2 replies

Hey BP, quick question about financing loan amount. My loan is 80% LTV of the purchase plus rehab net. I wanted to know if it was normal to increase the amount requested for the rehab to pay for any unexpected expense...

Kristyn Grimes Odd Fellow Agent or Valuable Team Member: How Do You Decide?
2 October 2020 | 23 replies

Ok, so as the day approaches where I take all my research and finally start making offers, I have been putting together my team for my BRRRR goals. Everyone is at the starting line except my investment-friendly agent....

Kent Ford Short-Term Rental Boom: How Magnolia Market is Shaping Waco's Real Estate Market
18 September 2024 | 0 replies

With Waco’s tourism growth thanks to Magnolia Market, how do short-term rentals affect the local RE market?