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Hello,
Just bought a condo that needs to be updated. I currently live in it but don't plan on staying longer than a year. Afterwards, I plan on renting it out. This is my first property that I will remodel and kno...
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I'm closing on my first property next month, and I'd like to set up so in the eyes of the tenants, I am the property manager, not the owner.How can I get a different name on the lease?What about mailing address?Can I ...
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Hello!I'm a newbie investor/ first time home buyer and I put my first offer on a duplex yesterday located in Rochester, NY! Purchase price was $200K; my offer was $200K with an escalator up to $210K and 3.5% down FHA ...
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Hi, since I live in California, an LLC is not a viable option for me for my out of state rentals (9 of them, mostly B/C). They are all managed by a property manager. It bothers me however that for my tenants it is so...
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Hello BP,What is your recommended way of keeping track of rental income? At the moment, my tenants in my first SFR pay by checks. Am I to keep all of the checks as proof of rental income for a duration of time?I ask b...
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Property tax question for here in Michigan (Grand Rapids area specifically). From what I've gathered summer taxes cover you from July 1st (current year) - June 30th (upcoming year) and winter taxes cover you from Dece...
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A year ago I bought an awesome 3.500 s.f multifamily lot just east of downtown (east lawn).I got a design done for it that fit 7 tiny home units (8 Shipping containers) with plenty of parking. Take a look below.The co...
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Hey BP!
What's the grossest or weirdest thing you've found after a tenant moved out?
I'll go first: we had a tenant who was evicted and kindly left us baggies of human excrement tied to the door knobs. Extremely cl...
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Good morning everyone,
I am looking for a new fridge for my resident.
I don't want to spend over $1300, but I my budget is from $600-$1300 and I don't want to buy an expensive fridge too here if the residents
dama...
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I want to wholesale a property. I'm a college student and I have no money at all.
I heard that you can wholesale a property without any money down. Is that true?
Can you please tell me each step on wholesaling?
Like...