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I purchased a bank owned SFH earlier this year and rehabbed it with money from my personal residence HELOC. The house is in an Llc and I am looking to finance the house to pay back my HELOC. So far in contacting local...
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I believe you do your own management and maintenance. How does that affect your expense ratio? Does that take it down to 40 or 35% on average??
Also, is there any maintenance/repairs/improvements that you never do yo...
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As one who had never heard of the 2% rule or 1% or any of the other terminology that floats around BP,, I just became aware of the 2% rule. I was talking with a fellow from Oregon who was lamenting that there are no 2...
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HI BP -I'm wondering if there are any local REI professionals that purchase from live auctions, Auction.com, or any other sites? I'd love to learn a little more about how it works in real time.Thanks!
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I'm in the process of buying a bigger house and selling my current one. I have enough equity in the current house where I can do a 40% down on the bigger house. But instead I'm debating on doing only a 20% down, whi...
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Is it 2 years that you need to hold a property to be taxed at long term or 1?
Thx..
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My wife and I are in our mid-40’s with a small child and renting in Westchester County, New York - basically the high cost of living capital of the East. We are a single income family and, while my salary meets our b...
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Good Morning BP Community!I graduated from college about 6 months ago (debt-free), and have been lurking on the BP forums for quite some time. You guys inspired me to purchase my first townhome! Currently, I am using ...
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We plan to start charging our tenants for stopped up sinks, clogged toilets, ect. What is the proper and legal way to go about doing this? Can we just send them a bill?