Kurt S.
Tenant unemployed but didn’t tell me yet
Hi,
I am living in a duplex as the landlord with tenants (a couple) living in the unit below.
The mailman mistakenly delivered a letter from my tenant to me today. Sadly it is from the office of unemployment.
I liv...
Carlos Feliciano II
Estimating rehab costs during initial lead generation and triage
Hi All,As I slowly stack money away for my first future rental purchase, I have a few questions regarding estimating rehab costs when going through practice reps. I'm basically going through properties on Realtor and...
Phil Pat
Is it a bad deal to buy a multifamily that is already renovated?
Is it a bad deal to buy a small multifamily ( Triplex or duplex) that has already been fixed up and renovated? I feel like my cash flow will be very small Thanks
Al Salous
Is it worth creating an LLC for each (SFR fix n Flip) property ?
Trying to balance cost and risk protection. I have seen many suggest limiting to below a dollar value for for multiple SFR fix and flip properties.
Keaton Reiners
Large portfolio through turnkey provider?
Hi everyone, still doing my research on how I want to jump in to REI. I'm curious how feasible it is to have a large portfolio (50+ units, mostly SFH) under a turnkey provider? Does anyone on here have experience with...
Jamal King
Unique situation. Advice/Suggestion seeking.
Hello BP community,
I am a Beginner investor and I have a unique situation. I know someone coming into a sizable amount of capital, wants to invest with me and have been wondering were to begin. We are interested in...
Patrick McCracken
Question about closing costs?
Hi, new Pro member and have a question about the rental property calculator. I'm trying to figure out what needs to be included in closing costs. I see a lot of people use a low % (2-3%) for closing costs but shouldn'...
Trevor Bond
How to handle rehabs with existing tenants
If l were to buy a property with perfect tenants that l like and would not like to leave, would l have to evict them to do rehabs inside of units? If my goal is to rehab up to market standards and therefore market ren...
Alexander Coleman
There's NO reason to get your RE license if you're not selling RE
Could be a contentious position BUT, there is NO reason to get your real estate license or be a realtor if you're not going to be selling real estate! Prove me wrong if you disagree!
There are just too many other ave...
Sara Blouin
Oil Tank Leaking PPM
Hello all,I have a leaking UST on property I am under contract with. The soil borings came back as 20,000 ppm. Remediation starts at 5,100 ppm according to EPA from what the company states and what i have read. Does a...