Not all of our properties have central AC and most tenants will be starting to put out their window AC units in a few weeks when things heat up here in Pennsylvania. Once about 10 years ago our tenant did not instal...
I posted this in the new construction forum but got no feedback so I figured I would try here. I have a pretty solid foundation with rehabs as well as how to research plats, home owner records and lien records bu...
Hello, this is my 1st post on BP. I am planning to buy, rehab and hold my first property. I've found that BP seems to be the best forum, so that's why I'm here:)I'm just going to level with you and let you know that ...
I'd like to know if I'm calculating my returns properly when it comes to refinancing. Original purchase and closing come to $27,000. I'm all in at $27,000 and when I refinance I can pull out $20,000, plus to close a...
Good day everyone. Im in the process of finding a bank that would allow me to do a cashout refi. Now is there is correct terminology for Cashout refinancing when speaking with a bank? When I was speaking with the loa...
I started a lease on 12/15/2018 and I am the tenant. It is a three-story home and rehabbed in 2018. I am the first tenant since it's been rehabbed. To give you full context, the home is located in a flood zone in Phoe...
I hope everyone is well! I was curious to see how I could go about setting up this company I have in mind. There are 3 partners. 2 partners with an MLO, and real estate license. We also have a partner with a GC licens...
If a renter does some repairs or maintenance for you, can you deduct it from their rent on the books? Is this okay to do? Or, do you have to make them pay full rent and then pay them and 1099 them (assuming it is over...
Hi there,
I'm wondering if someone could walk me through a scenario where two people come together to buy a multifamily. One person supplying the majority of the cash and the other person managing the property.
Wha...
Hi Everyone,Many of my contractors and subs seem inconvenienced when I request an an invoice from them before I can remit their payment . I am wondering if I can create an invoice where all they would have to do is ...