Account Closed
Top Laws Michigan Landlords Miss
I regularly teach courses at the RPOA and find that there are a few laws that many Michigan landlords miss in their management practices. Here are the top 10 I observe: Not following Federally and State mandated lead...
Jimmy Lynn
Budgeting for Your Property Rehab: Tips and Tricks for Keeping Costs Under Control
We get asked this question a lot. Here are some things to consider. Define Your Budget: Determine your overall budget for the project. Consider factors such as the scope of work, materials, labor, permits, and contin...
Susan Tan
I want to convert a tiny single family house into a 2plex, 3plex, or maybe 4plex
I found a tiny single family house in Houston, TX of only 650 sq ft that Id like to convert into a 2-4 unit building (with multiple stories or a back units attached). What are the different considerations for such a p...
Jeff Kushner
What are common contract contingencies for the purchase of a vacant lot? (Palm Beach County, Florida)
QUESTION: Are contract contingencies common when making an offer on a vacant lot? If so, what specific contingencies would be considered 'common' vs out of the ordinary or unreasonable?SITUATION: I've got my eye on ...
Alan F.
San Jose will allow ADU's to be sold separately
I recently read that the City of San Jose will be the 1st to allow homeowners to sell their ADU separately from the primary. Makes wonder about property taxes, utilities separation, and many other things. What's every...
Pope Lake
Adding Solar Panels on a House
Is there anyone in the BP universe that has added solar panels to a house to decrease utility costs? I assume there would be potentially significant upfront costs, but that the panels would pay for themselves and more...
Jay Patel
Building Duplex From Ground Up
Hi everyone,I am currently getting started in real estate investing and I’m learning a lot from the webinars and from books like the BRRRR and Investing in Real Estate With No (and low) Money Down. I believe I have th...
Joe Colossale
Are condos worth it?
I have been looking for my next property and have an opportunity to buy a condo for below market value. Seems like a no brainer to buy a condo at a discount but I am worried about using it for a long term rental becau...
Sam Leon
Dealing with city's permitting
I have recently purchased a duplex REO property which has a number of violations with city liens. I am in the process of clearing the violations and running into some issues in trying to be the "owner/builder" of the...
Philip Olivier
First Short term rental
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $278,000
Short term rental. Rents on Airbnb
What made you interested in investing in this type of deal...