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What are some things that you wish you would have known when you first got started? My favorite thing to drill into any new landlord is to always have enough reserves for at least 1 cap-ex expense. It seems like commo...
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I have yet to buy our first property and need advice. Here’s the journey so far.1) Looked to buy local to self manage in Illinois but calculations didn’t work. Reside in Illinois suburbs.2) Have a team (RE and Prop Ma...
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I currently have three, one bedroom cottages on our property along with our personal home. All are rented at the moment, but my wife's grandmother needs to move into one because my wife is her primary care giver and...
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Hello BP Community,I am in desperate need of insight here. I purchased an up and down duplex in Upstate New York March 2021. Its an old home built in 1910 that definitely has needed and continues to need major work. W...
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Hi BPersMy boyfriend and I are looking to refinance and since he has a lower credit score overall, we would save money and interest by using my better score. The difference overall would be about $3,000-$6,000 in clos...
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Hi All,I'm getting ready to make an offer on a duplex with a VA loan. Thus far I have been outcompeted by cash and conventional loans.I'm debating waiving the inspection to make my VA offer more attractive. My thought...
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Hello BP community,
I'm working with a new property manager who refuses to share with me Emotional Support Animal Letter from recently approved and moved in tenant. Their argument is based on the fact that it is a "m...
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I really shouldn’t spend too much time on this because my offer very well simply be declined by the owner. But we do have rapport, so I figure it’s worth a try. Here’s the situation, we’ve rented here for 12 years fro...
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I haven't typically allowed pets, but I want to know what are standard fees to charge for pets. I am thinking the following:
$250 non-refundable deposit total$25/month per pet up to 3 pets. Am I in line with what eve...
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I am a Realtor & aspiring investor. I have heard others say they wish they started in commercial. I want to be able to cash flow at a commercial level one day, but residential seemed like the clearer learning path...