Hi BP friends,I've recently acquired a rehab property. The property was in pretty bad shape - the backstory is this: Owned by a hoarder; she had a medical issue which removed her from the property. While she was in...
Recently, I just purchased a duplex unit, there is a coin operated W/D in the basement both units have access. I am debating whether should I add a separate unit to the second floor. The property is not located in a h...
Hey all!So when you are deciding what to set aside for CapEx when doing a property analysis do you adjust it based on how new certain items in the home are? A property I am looking at has a 2 year old furnace, 8 year ...
The deed is recorded/perfected and the 3/90 Notice to Quit has been served. Owner's not responding to cash for keys. The Unlawful Detainer forms on the county website are aimed at tenant evictions (with a lease). Th...
Looking to the BP community for creative ways to boost NOI. I'm looking for the most creative things people have seen or can think of, irrespective of how impactful it actually is to the bottom line or how much it wou...
Pushing back on the line in the sandThese days, it's hard to imagine being out in the field without your smartphone. And while nearly all of us know exactly where our phone is at this very moment, you probably couldn'...
Hey BP Family,
I am currently looking into Multi Family properties as well as single family homes with finished basements in the DMV area and plan to possibly rent out the extra units/rooms and also use Airbnb. My q...
I am wrapping up my first house flip this week and I have started speaking with the agent who helped me buy the same house in order to sell it. She sent me her listing agreement and the commission shows the standard 6...
I first want to acknowledge the pain and tragedy that millions have suffered worldwide from the sudden loss of friends and family due to Covid-19. No one could have been completely prepared for what we are experienci...
Hello BP peeps,I have a conventional loan on my primary residence that did not require me to put down 20%. So if I get a 2nd mortgage for an investment property, will it require 20%? I have good credit to acquire a lo...