Can someone help me understand how these large apartment developments make financial sense? It seems like the rents do not justify the upfront cost to develop these projects. What am I missing?
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Background: Next month the largest maintenance operation in the history of the refinery in my town is going to start. It'll take 6-8 months. My towns population is 9500. From start to finish of this operation, the...
I am looking for ways to decrease my expenses. I am considering increasing my deductible for my Landlord insurance on a duplex. Currently it is $1000. Is this about average for other landlords? What do other rental pr...
I am reading the book "Millionaire Next Door" which had been rec'd by a few podcast guests if I recall.They discuss the following formula as a guide to what your net worth should be:Multiply your age times your realiz...
I bought 1st house because inspector said it was good structure, and it was not :(, but the project goes on. So at this point, if you have done renovations on 1930 homes (900 sqft). what advise would you give me?>
I recently had a mold investigator take air samples from some bedrooms a tenant was complaining about. The results showed that there was an elevated presence of allergenic molds. No black molds. The levels that were...
I found a brand new townhome in Kissimmee with luxury finishes, resort style amenities, the whole nine. The price is $435K and I was thinking of doing 20% down. This townhome is a 5 bed/ 4 bath with 2020 sqft so it's ...
Hello BP family. Let's get right to it. I've always been an ambitious go getter since I was a kid. Never followed the pack always stood alone and wanted more than the average. I grew up in a low income area, but alway...
Economic Update
(Monday, October 19, 2020)
At its core, real estate is a people business, and being kind to people is a business approach that never goes wrong. Being kind builds a positive image. It earns trust...
Whats up BP, I'm in the process of having my contractor walk thru a property to provide me with a scope of work and quote. There is currently a squatter in the property. How do I go about getting the property vacated?...