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Hi BP,Seeking some advice and criticism:I am currently analyzing a triplex in my city for a buy hold rental; which we will most likely live in for the first year or two. We plan to live in and increase the rent of th...
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Hi all -I'm interested in hearing from some people who have been in the game for awhile about the one piece of advice they would suggest to someone who is just starting out in real estate. What's the one thing that ge...
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Hello, Community!My wife and I are (hopefully) nearing the end of a 2 flat rehab project in Chicago. We were noobs who fell into a great deal, however, it ended up being a total gut—taking us almost two years. We blew...
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I recently obtained an LLC in order to begin investing in real estate and my wife and I are looking purchase our first property. Since I do not have any financials under my new LLC I wanted to see if it would make it ...
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Hi,I did some upgrades (flooring, bathroom, paint) to my rental property and put it for RENT in February. A pipe in the attic burst and it caused damaged to the ceiling of garage and drywalls around it (before tenant ...
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What is the action that triggers changing from insuring each property one-by-one to creating an umbrella policy to cover the portfolio?I own a number of buildings in Maine and currently each building is individually i...
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Hi, I am acquiring a two family property and would like to install a laundry machine with app based payments - however, having a dedicated WiFi connection just for the machine doesn't make sense financially. Can anyon...
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If you’re house hacking in say a duplex and the mortgage is $1,0000 but the rent collected for one side is $800. Does it still meet the one percent rule because if you moved out and rented your side it’d be $1,600 in ...
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Hi all, a little about me: I'm 26 and I work in Manhattan for an Organization focusing on marketing and lead generation for our large residential portfolio. I've spent the last several months studying real estate inve...
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I'm looking at a potential opportunity. SFH, ranch, currently has tenants. I looked up the owners, they live in SoCal a few thousand miles away. In this market the rent:price is usually around 0.5%, pretty terrible. T...