Hello - I would like to ask investors in New Jersey (or anywhere) about expenses to consider when you are analyzing a multifamily property to househack- snow removal, lawn maintenance, etc. I just want to make sure ...
A bit of history: My wife and I purchased a failing furniture store from a retiring couple 3 years ago. Year 1: lost $80k took no salaryYear 2: lost $30k took $5k salaryYear 3: Break even took $80k salary... and that'...
By searching the forum, I found J Scotts contractor SOW and Contract. I think it's pretty good and covers the basics. It also has a clause in there separating finishing materials purchases from contractor supplies, wh...
My family and I are wondering what exactly the etiquette is when working with an agent and trying to find an off market deal. Should I be reaching out to current owners to find out if they are willing to sell their pr...
I recently had an offer accepted for my first rental property. Its a duplex outside Milwaukee WI which would cash flow about $600/month. After putting $2500.00 in Ernest Money down and being pre approved for a traditi...
Hi when planning on how much I would need to save for my first purchase should I include closing costs or is it paid thru the loan
In California, what is the process to evict a tenant from a unit when you are purchasing a 2-4 unit multifamily property? I would plan to occupy the unit, does that make it possible? Is it legal?
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $269,000
Purchased a brand new home, lived in it for a year and turned it in a STR
What made you interested in...
Hey BP,
Should I include a 401K "Loan" on a personal financial statement? I want to use this document when approaching lenders. I'm not sure if this is really a debt since it's money I've taken out of my savings ...
Greetings All:I have an opportunity to purchase a former one level 28,000sf school (one level) block built in 2 phases. First section built in mid 50's second section built in 80's. Includes classrooms, kitchen, dinin...