I am in planning phase for a cottage style small resorts in California. Planning to use OSB SIP building for small units of size 900 sq: ft, primarily for fast build and energy efficiency. Sourcing directly from China...
Hey BP Members, quick question. We purchased 12 units in July 2017. In November 2017 we added an additional unit. Wouldn't we qualify for the exception @Brandon Hall discussed as Myth #5 in his article '7 Common Myth...
Has anyone else had experience with a Hard Money Lender charging fees for every draw you take during a rehab?My partner and I are working with a different lender on our second flip. We met them at a local meetup and t...
Can I ban smoking in the building, including common areas, mid-lease?
I bought a duplex and inherited tenants/leases last year. One unit is rented by smokers (they use common laundry area), and the other unit recent...
I have a rental property with tenants who are pitbull owners. I've been around the dog a few times and never had any issues. They have a toddler and the dog stays inside and say there has never been an issue with th...
Hey Guys,I was closing on my first multi-family in PA the other day and the lender had me sign a confession of judgement tied to the loan. It was the first I ever heard of it and after closing I researched it. After r...
My tenant potentially could be getting a dog that my insurance will not allow as an emotional support animal. Will I need to change insurances? What are my options?
Hey y'all! I am looking at a PNL report for an apartment complex, and I am confused about a couple things. These might seem like dumb questions, but hey, I'm brand new to this! 1. What is the depreciation expense?...
Hi all. I need some advice from someone with experience working with/building out non-conforming units in Chicago.I have a 4-unit 12BR4BA multi-family building (all four units are 3BR1BA) that also has a fully open 2,...
Hi BP,Just bought my first rental property (3units) in Bakersfield. I'm with a major insurance company and been asked to add the PM I'm working with to the insurance policy as an additionally insured party. Ins compan...