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I am thinking of offering my handyman 6% of gross rents to take care of an apartment building I will be getting soon. He will do everything except bookkeeping, paperwork, and filling vacancies (I have a great renta...
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Hi, looking for an opinion or what to do. Got a quote from a contractor to remove a support beam and install a new support beam. Contractor came to site day 1 to start. I paid after day 1 about 60 % of the job. Th...
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We presently have 10 homes, each with a loan. Our goal is to retire in 5 years. In order to do so, we are making extra payments on our loans. As one loan is paid off, the extra payment plus the payment from the ...
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Hey all,
Curious what other Contractors and professionals are seeing for complete renovation of multi-family units? My rough thumb is basically 15-20K per unit. What are you seeing/quoting in actuality?
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Greetings everyone,My name is Kris, I am 29 years old and currently stationed at Fort Bragg, NC. I was told about bigger pockets this past week and since then I've been obsessed with this site and the podcasts. Since ...
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My wife and I started our real estate journey last year and have 2 properties working on 2-3 more. We started an LLC in order to leverage the tax benefits of the business and possibly offset some tax liability. This i...
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Hello all, I'm super new to the concept of real estate investment. I just finished Rental Property Investing and am beginning to see things from a completely new perspective. My Question: I don't have enough cash ...
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I am considering a potential rental property that is on well water & septic. I have never lived on well water & septic, so I don't know if my fears are justified or not. I have visions of sewage seeping up thr...
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When borrowing capital - say 20k for fix up from a non bank source - how do you know what is due if you pre-pay extra money beyond the monthly payment - who manages that, loan balance, statements etc? How can it be m...
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Does anyone have a recommendation for a great inspector? Someone with a construction background is always a plus.