I just got a request from the property manager that the tenant is asking for a 4K quality/resolution TV. The TV in the unit is brand new (32" led tech tv). This is my first ever tenant and am not sure what is reasonab...
I recently start doing business with a new bank. I had two properties finishing up at the same time, so I did two loans with them in the course of a month. A few things transpired that I found frustrating because they...
Hello BP Friends,There is a 12 unit apartment that I came across which is really nice. The current owner has owned the property for a little under a year and has updated the entire interior with new carpeting through...
Hi BP community. First post here. Quick intro, my wife and I have been researching and trying to buy properties for the past 15 months (more stories about that later on another post). Finally in October, we made 3 off...
Hi, we are about to sign our first tenants! They won't move in until the end of January. How do we handle this interim period? Do we get a deposit to keep the property vacant and stop showing it? Is there a stand...
My tenant already has two dogs which we agreed upon. She just contacted me to say she has “temporarily adopted†another small puppy. This third dog is a Yorkshire and will not get big. She is otherwise a good t...
I'm an out-of-state owner of a SFH in Austin, TX that is on the market to sell. Two weeks ago I had to repair the foundation and had to pull up all the laminate flooring. I was in town for the foundation work (a night...
I've got a (legal) 2 family house in Queens. Right now, the electric is split and the tenants pay for their own usage, while I pay for the water and gas for the whole house.All the water bills for 2018 added up to ab...
I was presented with the following deal:
Triplex (Built in 1900, excellent location)
Purchase Price: $145K
Rehab + Closing Costs: $8K
Total Investment: $153K
Gross Rents: $2,000-$2,300/month
Expenses:
PM Fees @ 10%...
Hello all, I'd love to get some advice on a potential flip I'm thinking about. It will be my first. I have a friend who has a neighbor that passed away, and her house is being sold in the next few weeks. They've offer...