I'm thinking about buying a laundry mat, but have no idea where to start. Any tips would be greatly appreciated.
The laundromat is very beat up but also very popular. I've never owned before so it is a learning curve, but the cash on cash return is so far phenomenal considering I just stop by every morning to check on the attend...
I need to ask my fellow Minnesota investors how they approach adding a coin-op or just commercial washer and dryer to their apartment. I am closing on a quad in two weeks that has a washer/dryer hookup, but the forme...
To Paint or not to paint! That is the question.I have a house that is in relatively good condition. The exterior siding in the back and side of the house needs a good power wash (all brick front). Other than that, e...
I'm looking into a 4-plex that has a coin laundry room. I was analyzing the deal, and I was wondering how to estimate how much monthly income would a laundry room bring in for a 4-unit multifamily property. How do you...
Hi guys,Will you please be so kind and help me out?I bought a rental property for 60K one year ago. I am selling it for 67K... So, technically I made a profit of 7K on it.I am in a 30% tax bracket..So does it mean I ...
Hi gys -This time I went for loan - I was told the Debt to Income ration has to be under 49%. Its Fannie Mae.Debt is difference between projected Payment - and projected Rent. Only 75% of Rent can be used.The question...
Hi, guys. I appreciate all replies. So I have 2 STRs. Drying linens and towels is definitely the slowdown. Both of my STRs are 4 bedroom/2 bath with duvet covers for the comforters. So when all 4 beds are used, there ...
Hi BP fam,I'm finally close to listing my property for short-term rental purposes. My property is located in the Mount Pocono area of Pennsylvania. I'm curious to know if there's a go to website or ecommerce shop tha...
Hellop BP community,I am in a contract for a 2 story houses in Chicago. As part of the scope of work, I am trying to decide whether to replace the vinyl siding for the property or not. The siding is still in a good sh...