Currently looking at a townhouse property (technically a condo) where there's a solid return (~$350-400 in cash flow after all expenses/vacancy etc) but the issue I'm running into is that the underwriters won't approv...
Hi BP,
I just finished refinancing my 3-unit building in Chicago in which my wife and I live in one unit and rent out the other two. We purchased the property under our own names and our recent refi is a 30 year fixe...
Hi everyone,I have a house that has an in-law unit with a separate side entrance. The house and in-law unit are rented to two different tenants (I inherited when I bought the property). The in-law unit has become trou...
Hello, BP!I got the exciting clear to close (my 2nd property) email by the lender on 05/16 only to find out that same day by the title company that there were two restrictions on the title that were going to prevent t...
Does anyone have experience with plumbing laws in Maine? plumbing is being kept the same above the trap. We are simply putting in new toilet, vanity, and shower. We found Kennebunkport plumbing code that states what w...
I have recently leased out my commercial property. The lease states:
Landlord agrees to make all necessary repairs to structural portions of the Premises, including the roof, exterior walls, foundation, and exterior...
Hey BP,I'm a software developer of 5+ years but have no experience in Real Estate. I have always been fascinated with investing. This year I began saving to finally take the plunge and started doing my research a coup...
Hello everyone,
Been on the site long enough to know there are so many insanely smart people on here, so being in the mindset of utilizing the right people for the right job I wanted to leverage this knowledge.
I h...
Hey all, starting a short-term rental management company here in Florida and haven't been able to find any concrete information around if a license is needed to manage specifically short-term and/or vacation rentals i...
I have a rental property that I co-own with two other owners. We obtained a mortgage on the property, however, due to issues with getting my partners qualified in the mortgage process, the mortgage is specifically in...