My electric bill during the summers is around $1600/month. It’s already been over $1k/month for the past few months. I’m sure my guests run the AC 24/7. When the doors and windows are open, when they’re gone for the d...
I'm awesomeWork in Music Business full time at WME/IMG and am a licensed Real Estate AgentGot my license to purchase my second home, to turn my first home into a rental--which is currently worth over 2x what I paid fo...
Looking to get a better assessment of the costs separating utilities so that each renter is responsible to pay their own heat. I know this question depends on a lot of variables so cannot give one specific answer so ...
Hey BP community. I am trying to purchase a REO property and all the utilities are turned off. My agent just called me and said that the bank would not pay to turn them on for the inspection. Does anyone have any expe...
I have an Open HELOC that has a 5% 5yr draw and a line of 70k. I recently purchased a property that needs some renovations ~50k. I am trying to figure out what strategy to go with to finance the reno. Do I use a 18 mo...
I'm seeing properties come on the MLS from Long Boat Key, Anna Maria Island, Venice Island, etc. Are investors ditching these properties due to low occupancy? I've run numbers on a few of them and annual renting is o...
I have read a lot of post on here about how to actually access the cash from business cards and to feel safe doing it. I have been doing this for a while and didn't realize people were having this much trouble with i...
I just came across this video (See link below). Looks like a landlord confronted his tenant over unpaid rent. Landlord tried to force himself into the house but the tenant resisted and shoved him away. He felled and h...
My brother is a US Army veteran who was evicted due to a government shutdown six years ago (he receives disability) and is finding it really hard to rent. Am now helping him financially, and even offering to pay 6 - 1...
Hello all,
I've been browsing the site while I socked cash away and I've recently started actively looking for MY FIRST PURCHASE. I would love some feedback on the following deal. FYI My strategy is buy and hold mult...