Essentially I have a contractor who bills me hourly for jobs. I keep him extremely busy with investment properties - whether it be rentals or flips. Great relationship at this point. Currently, he just gives me a week...
Hi Everyone - I've been approached by investors about doing a joint venture for a deal. I would be funding most (if not all) of the purchase & reno costs. My question is, how do people protect that money? Is the i...
I am developing a tenant application and am a little uneasy asking for personal information. Many applications I reviewed while developing mine asked potential tenants for bank and credit card account numbers and bal...
Fake paystubs are at an all-time high. For about $40 cheaters can buy one set of fake stubs and get an income verification. Check out the one we got yesterday. Eventually these cheaters will get smarter. Don’t tell ...
I've received an appraisal back of my property which does not account for livable square footage of my ADU. The main building's square footage is ~1900 and the ADU is ~400 for a total of ~2300, but the appraiser is u...
We bought for about $363k. Put down 80k on the house to avoid mortgage insurance.
We have now put about 50k into developing an apartment above garage as our "1st property" rental. The area is growing so I assume it ...
Hey BP guys!! Quick question for the group. We are new into the STR realm, and am starting to get a list on cleaning services available in our market. We will be managing the STR remotely. I was wondering what are s...
What's up BP?
So we have several properties that we have been managing ourselves. We are beginning to move towards smaller multifamily deals 6-20 units and are wanting to pass that management torch to a professional ...
Curious if the property manager takes advantage of clients for up selling in repairs/renos. Obviously it’s handy to have the experience of the property manager but wondering if it’s a good idea overall or repairs/reno...
Hey Guys, I've been reading some of the tips that the real estate guru @Brandon Turner has been giving and one of them is the 2% rule (The 2% rule states that your monthly rent should be approximately 2% of the purcha...