Hey I was just wondering what everybody does when first buying a property or when they are doing a rehab, what are some things you replace or do to cut some on repairs or maintenance? For example, I always replace rub...
Hello BP'ers
Tenant moved out, she was suppose to hand me the keys 3 days ago but has stopped answering her phone. I passed by the property she has clearly moved out 7days ago. There no electric or water. I went by ...
I'm getting prequalified for a loan at a large national bank. He requested for my pay stub, last 2 years tax returns, any applicable w2 and k1, and 2 months bank statement for source of down payment. This all seems ...
I currently own 2 long term rentals. Closing on a 3rd rental mid February. I've decided to start a side hustle involving wood fire pizzas. I bought a mobile oven trailer that can cater and be a food vendor for various...
I have recently purchased a 12 family apartment building in Lowell Massachusetts. The previous owners were very lax in their policies and procedures and have let people run the building how they see fit. One of my mai...
Any other Newark investors using cap rates to back into a purchase price when making offers on small multi-families (2-4 units)? I closed on a duplex in northern Ironbound earlier this spring at a cap rate of 7.5% (in...
Hello fellow rehabbers,So we have been able to save a good amount of money on materials going through the bid room at Lowes and Home Depot, and on Lumber through our local lumber yard, but sometimes they do not have a...
Make Sure You Get This One Right
By Niels C. Jensen
There are those who sweat over every decision, worrying about how it will affect their lives and investments. Then there is the school of thought that we should f...
http://www.scpr.org/news/2016/04/15/59666/airbnb-site-and-hosts-could-be-fined-under-la-plan/Any one saw it? I did not see any discuss here, so I just want to bring your guys attention.
This would be my 2nd commercial property to go along with a few residential properties I own. The other commercial is a simple lease for a salon. I’m not involved in that business. It falls into the category of: I’ve ...