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Should we add a room?
Background:
We are in contract on our first duplex. It's a 1/1 each side with a full basement. We are looking to add some value to the place and we were thinking of how we could add a room. So...
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I just wanted to get some insight on anyone that has successfully managed properties for someone else or there own portfolio from long distance. What we're the pros and cons? How was your experience? What key system's...
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I've found a property that I prefer to renovate given the estimated reno costs as well as the upside in equity after I refinance down the road. In a Northern VA market where so many old properties are marked for tear ...
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How did you go about finding insurance for your rental? We have a rental property property that used to be our primary residence, but need a new insurance company as the existing one does not do rentals!
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Background : I have a tenant who has been renting out one of my properties in Seattle for 6 years now, he was late on rent during the pandemic and the late rent still carries now. (roughly about $10000). Although he ...
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I have been lucky enough to have a career flipping and remodeling homes. The truth is there is no secret sauce. In fact I think the more secret sauce there is the more scary everything is. Ask every single awful quest...
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I am getting ready to have a roof replaced ($8,500) and the estimate list materials and labor separately. I know the roof would be a capital improvement but it got me think that labor isn't a depreciating asset. That ...
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Hello BP! I found a deal with a nice profit margin. I have never wholesaled nor can I afford the project, let alone the EMD on this deal( 530k with ARV of 900k-1M. Built in 07). I have an associate in mind who is work...
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I found a beautiful plot of land in northern Kentucky with an amazing view of the city, this question is super generic and depends on a lot of factors but:how much does it cost to build a 3 story 5000sq ft building th...
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I've decided to form a single member LLC (I'm aware of the negatives in doing that). Since, as I understand, the operating agreement isn't that complicated for a SMLLC, does it make much difference if I use a (reputa...