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...
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...
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 ...
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?
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 ...
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...
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 ...
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...
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...
Does anyone have a recommendation for a great inspector? Someone with a construction background is always a plus.