So my 2015 (the year we started rehabbing properties full time) was audited. I made the mistake of not using a CPA and she messed up my tax return huge. Long story short I got a $14k refund. During the first quarter o...
What do you typically spend / budget for repairs and maintenance for a SFR in KC? This is probably the thing I am most unsure about when running deal analyses. I understand that this can vary a lot depending on the ag...
I am hopefully going to get a duplex under contract next week in New Jersey, each unit already has tenants on current leases. In one unit, the rent is 2,200 a month on the lease, which the tenant was paying, but lost ...
What is the name of your state? New Jersey
I own a 2-family house in New Jersey. I live on the first floor apartment and have a tenant on the second floor.
Tenant is great, single woman, professional, always pays on ...
I am attempting to purchase a short sale property. After weeks of stalling by the seller/bank (Wells Fargo) the seller informed my realtor their paperwork for the short sale is not in order and the seller wants me to ...
Most people who have participated in residential real estate transactions as buyers or sellers remember experiencing last-minute changes at the closing table. Real estate agents, mortgage lenders, title companies a...
There’s a 3-1 available near me for($30k) BUT has this as the overview: All Highest, Best & final offers must be submitted by 12/5/21. "This property is being marketed occupied. The interior of the property cannot...
Hi, all. First time poster here out of Chicago! My Question; is it legal for me (property owner/landlord) to create a signed agreement with future Tenants that states, when the outside temperature drops below a certai...
Hey BP family, new investor here super excited and seeking knowledge to help others as well. What are some things you all consider that makes a deal good enough to consider??
Dear BP community,I saw an 8 family today that I liked, but my math tells me it's not for me. The asking price is $1.1M. On the debt service, I was going to leverage a home equity line for the down payment with a 2....