Does anyone have experience removing a load bearing wall using an LVL beam? Whats a fair price I can expect if I do the demo to the studs myself?
I have read this term, for example, "buy it 30% below market value" or something similar a lot on BP.My question to you all is, isn't market value relative to what people would sell it for anyway? So how do you know o...
I own a 3 story historic building in downtown Houston. The first two floors are rented to a night club. Actually I take that back: The full 3 floor are rented to them but they only use two. So I thought I’d see if the...
So I understand LLCs. I'm not looking for a lesson on the benefits. I am 1 fax away from having an attorney set up my multi-member entity, Operating Agreement, etc.I also understand the reasons why banks don't like le...
Hello all, My name is Mike and I am new to BP and brand new into the world of REI. I am so excited to join this amazing community of bright, helpful individuals! I have recently finished a vacation home located in Bet...
Do you wait until the rental is completely renovated to begin showing it to applicants?
So I'm ready to buy my first SFH rental, but I'm struggling with a few things. I want to know what expenses I MUST account for when calculating rental income minus expenses. (Tax, Insurance, etc.) Also, how do I know ...
Hi All,I've been looking at potential investment properties, mainly duplexes, and want to use the HELOC I have set up on my current residence (owned free and clear, appraised at 165k) for the down payment. The HELOC ...
This might be a novel question, maybe not: I'm looking at a property that should be a 5 unit, but one unit does not currently have a C of O due to the lack of a working bathroom. It has been in this condition for the ...