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I own an attached townhome in a coastal area and the exterior insurance is covered by the Hoa master policy. Premiums have increased substantially for the coming year for the HOA master policy that covers the common a...
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I just purchased a new, larger home. I am house hacking and renting out one of the rooms. I use TurboTax for my taxes every year and they want to know what percentage of my home is being rented? Do I get to count any ...
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Evaluating a triplex in NJ. The property has separate gas heaters and electric meters. In the description it mentions that "landlord pays water, hot water, and common area electric." & "tenant is responsible fo...
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I recently purchased a mixed use building with a partner; the commercial space is on the smaller side but I have interest from an individual who would like to open up a salon. Any suggestions on the type of lease I sh...
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Hey BP,
I'm in the process of purchasing a 5 bedroom 2 bath property owner-occupied. I'm in the Fort Worth, TX area. Any guidance on the following would be really helpful for me as a newbie in this:
1. What is best ...
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I ran into a property that was seller financed and seems like a good deal.. I was told that the house is a non- conforming property and would not qualify for conventional financing (which is OK with me) . It was a on...
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Hello to all;I'm a newbie to BP. I'm expanding my portfolio to holdings of real-estate. I have had several years of experience in student housing (the paying side). Would like to hear from those who deal in this niche...
10 unit, 1bd/1bath studios.
Rents @600 each.
Asking 150k but the caveat is the owner pays all utilities.
What are your thoughts on this scenario for a first deal?
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Hi all, I recently purchased my first small apartment building (11Units) in Lakewood, OH. The utilities (water, rubbish removal, boiler gas, domestic gas, and common area lighting) are paid by owner. The electricity i...
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Help me please! I have the opportunity to buy a unique, rural, multifamily and commercial property… but I don’t know the things to look out for or to ask about or what to look up during my due diligence period. It’ll ...