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Help Selecting Contractors
Hello BP,I have worked with contractors in the past and it did not turn out well. Both times the work was poor quality and I had to pay to get properties re done. Also, they had lack of knowledge on permit requirement...
Nick Mand
Best way to find Contractors in this busy market
Hi All,I am undergoing my first renovation project. Its a small step, but its my basement which will require significant work. I am in a hot area in Boston Ma and also got lucky with home appreciation. Not only that b...
Anthony To
Best place to get a small loan? Recommendations?
Hi BP community,I am on my way to purchasing my first property. I'm currently doing my market research and due diligence and I have a question about financing. I'm considering by starting with a turnkey property in th...
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Pre Approved.. house in mind... now what?
Me and a friend (business partner hopefully), have found a house that is for sell in his neighborhood. It is the eyesore of the block and really need some cleaning up. The color of the house is horrid, but the sidin...
Kate J.
Inherited tenants (from previous landlord)
Hi All! I have recently purchased a house with tenants. The lease ends in September. However, the closing went pretty fast and I completely forgot to ask the previous owner about the condition of the house. We have pu...
Jennifer White
What you wish you knew for your first deal
Hey everyone,My husband and I are looking into investing in our first single family or multifamily home. We are practicing more with the calculators and assessing deals but I'm sure there are plenty of things we have...
Bienes Raices
Tenant did repair, wants to deduct
The front doorknob broke yesterday and the tenant replaced it without telling me about it. He now wants to deduct the $20 from this month's rent for the cost of the doorknob.
This tenant is very handy, but the lease ...
Zachary Sexton
Live In Flip Deal! Or flop?
My wife and I are under contract on a duplex in the rapidly developing* east side of Austin, TX.We made a $471,000 offer and are approved for a 3.5% FHA loan (as long as the sellers are willing to replace the roof, ad...
Stephen Richardson
3% down on a 12 unit land contract, but no inspection til signed?
I'm working on a deal for a small 12 unit apartment property. Units are 1bd/1ba 500sq ft. Avg rent is $420. Cash flows $1800/mo at 100% capacity. Seller is an upstanding member of the community with 400 units and grow...
Dan Kelley
Cadet Heaters- Eliminate Boiler Baseboards
I'll be closing on my 6-plex in the next couple of weeks, so I'm starting to plan out my remodel for the 2 vacant/semi-gutted units. I need to do flooring, cabinets, bathroom, wall repair and paint. My goal for this p...