I have carport that I want to enclose and convert into a apartment. Rough estimate is 30 to 50k investment to have it be liveable. Was wanting to try and get a heloc as the property has a 2.9 intrest rate and want to ...

Hello,I am about to hire a contractor to get flooring done in two of the units and wanted to know:If the rates quoted are reasonable? I have been quoted $1.40 per sq. ft for installation cost which includes removal of...

So I just got an offer accepted on a duplex about 7 hours away so I'm in it now.  I have 3 questions and would welcome ANY other advice you all have.  1.  Do you all have any suggestions on how to either budget for or...

Hi BP, Is this a good Investment? Me and my 2 partners are thinking of putting funds together for this deal in particular. I realize there are many excess expenses not listed but more or less this what i came up with ...

Need some advise. I have a tenant that I believe no longer lives at the property. She was behind on rent and facing eviction. I have tried to get a hold of her through her old phone number and via Facebook but have no...

Hello everyone. I thought I would post my year end numbers for one of my properties. I was negative for the year and wanted to see where I need to make changes. Be honest and hold no punches. I had a couple bad mo...

Hello,I apologize if I'm posting in the wrong spot. My name is Mike. I'm 27 from Madison and new to REI. I see a lot of long term potential and I hope to start soon!I've owned a home for about 2 years in Madison. It h...

I recently came into contact with a sweet little old lady who called me from a yellow letter I sent her. She mentioned she had 2 parcels of vacant land side by side that she was considering selling. A total lot size o...

Hi All,I have been under the impression that, when a property with existing tenants is sold in the state of Massachusetts (and elsewhere in the country, but I am looking for information specifically regarding MA), any...

Dear BPI have a tenant is the only tenant tenant on her lease asking if a friend of hers can move in to the unit temporarily for more than 30 days.  The lease says that she must gain owners permission if the guest is ...