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To help absorb the carrying costs of financing flip properties, I agreed to remodel an unfinished basement in exchange for a lower-than-market rent for myself. Now that its complete, I see how badly the area under the...
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Hi all, I have a property built in 1980 with original windows that are definitely showing it's age. I met with a window contractor (America's Best Choice) and the guy presented me the option of getting windows that m...
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Hi BP...In the news recently, the new administration is trying to re-write the Dodd Frank bill. Forgive my ignorance, but what did the bill do that harmed the REI community? How will the re-write benefit us?________...
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So, I mostly just wanted to share an alternative view on the whole property management vs. deal with headaches yourself debate.I have 6 units in three states: 2 apartments and a store in Brooklyn, a condo in Florida, ...
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Hi everyone! I’m currently exploring real estate investment opportunities in Canada as an international investor. One of the key challenges I’m facing is understanding the financing options available to someone withou...
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Hello everyoneI am relatively new to being a landlord and today I had very unusual situation that I don't exactly know how to tackle.I own a 3 story building with poor attic insulation and during the summer the attic ...
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Hello BP,I recently closed on a 5 unit property where all of the units are way below market. With the current rents I am operating at a $200 monthly deficit. All of the residents are on month to month leases and this...
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I heard that it is better "dollar-for-dollar" value to buy older houses when looking to House Hack. I don't get this. The phrase "dollar for dollar" is a little confusing, and I don't know why one would prefer an olde...
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Hi All,We just closed on our first buy and hold property, a four-plex. The units are currently rented, but way under the market price. I reached out to each of the tenants, confirmed they are interested in renewing f...