Rodney Sums
Looking stupid negotiating a seller financing option
I'm under contract for a property with a seller that may entertain carrying (all not part)This would be my first attempt at this type of deal. I'd like to make an offer that makes sense and is beneficial for all part...
Marc Winter
Eviction moratorium? How about mortgage moratorium?
We are hearing about some municipalities and counties across the country halting evictions because of the Pandemic. OK, I get that. Don't like it, but I understand. So the next question is: will mortgage lenders al...
Srdjan Ilic
Tearing down a wall. Is it possible? How much?
Thank you for taking the the time to read and provide any feedback in advance.
The house is about 1200 sq ft with a big wall/closet in the middle (see picture attached). The floors are nice so I don’t see the need t...
Mootah Kpebane
Duplex rental lease agreement in Illinois
Hello- My name is Zask, first time posting here. After listening and reading posts. This forum is the most educational site I have seen. I just acquired a duplex in Moline, Illinois that has a long-term tenant. This ...
Kirk Roberts
Selling property tax implications
So I have a fix and flip that I bought roughly 8 months ago. I now have it under contract. I've been talking with my accountant to try to figure out tax implications or deferring taxes through a 1031. Needless to...
Caleb Webster
Advice on how not to lose your shirt with owner-paid utilities
For rentals where the landlord pays all utilities, what strategies do you guys use to incentivize lower utility usage from your tenants and reduce your overall utility bill? I've heard of thermostats that you can rest...
Esra K.
newbie question: using a neighbor to manage property?
Hello,
We have moved out of state and trying to sell and rent our house that we own in CT which is paid for, its been on the market for 2 years, we had to get a new septic and have reduced the price 1/3, now...
Daniel Kokodoko
Shared utilities question in Atlanta area
Hello all, I just closed on a small Single Family home in the Atlanta area (Stone Mountain). I'm currently rehabbing the property and I'm planning on finishing up the basement to make it a stand alone 1BR rental (Long...
Leo R.
Remote self-management of LTRs...a pipe dream, or a possibility?
What are folks' thoughts / experiences about remotely managing a B-class (or higher) single fam or small multifam LTR in a mid-sized (or larger) city?(I specifically say B class or higher in a mid-sized or larger city...
Ryan Kundrat
Newb looking to buy & hold in New Haven CT
My first post on BP... I’m Ryan, born and raised in CT. I’ve run my own graphic design business for 6 years, and am now looking to start building a real estate portolfio of buy and hold rentals in the southern CT area...