Christopher B.
Selling a house during Renovations
I'd like some input from anyone that has gone through this. I'm in the framing stage of a large reno on a 1925 colonial. I've been approached by pre-approved buyers who want to buy at my full asking price and make som...
Amanda Thompson
Sneaking in an extra pet
I have brand new tenants who apparently snuck in an extra cat. I was clear when we met that we have a 2 pet maximum. It's also stated more than once in the lease, and they have a pet addendum. My maintenance guy told ...
Benjamin Poole
Do Contractor Savings Pass to the Owner?
I'm planning on doing a rehab project from a distance. This may mean a combination of buying materials for the job myself and having a contractor buy materials.Any tips on setting up a project in such a way so that an...
Kristy F.
Contractor stole our money and abandoned project
I hired a insured, licensed, bonded general contractor to remodel the bottom unit of our building. According to our contract, he was to be paid in phases until the completion of work. He kept collecting advance paymen...
Michael Rendon
Is a cost seg worth it?
Hello all, I was considering a cost seg but my CPA is telling me that is it not worth it given the cost of my property. This seems out of line with what I see on social media so I was hoping to get some other folks th...
Kaleb Joyner
Should I do a Complete Refinance, or HELOC with the BRRR method?
Hello BP Nation,I'm currently house hacking a BRRR deal, and have come to the point of pulling the renovation money out of it. I have two paths to take in this situation: 1) A complete refinance to pull cash out, only...
Nathan Carter
Good property manager in Arlington VA or Alexandria VA?
Hi everyone,I am looking for a good property manager in Arlington/Alexandria Virginia area. A colleague has a property manger that is charging a lot of extra fees each month. She wants a PM that will charge a flat 10...
Brendan L.
Actual Cash vs. Replacement: Wut monthly $ difference to go with?
This is a low cost of living area, purchase price is 140k, 6/4 duplex built in 1900, buy and hold, B+ neighborhood. I have an ACV quote for 200k coverage at $712/yr. I have a RC quote for 470k coverage at $1,150/yr. D...
Hernan Guelman
Taxes out of state, how much?
I have few multi-family in TX and AZ, and thinking about IL and others via syndications but, the fear of doing taxes for each new state I put 10K into is stopping me.anyone can LMK how much:1/ they pay their CPA2/ it ...
Russell T.
Dishwasher & garbage disposal
I'm planning a kitchen rehab for a sfh that I'll be closing on in about 3 weeks. The house is 3br 1.5bath 1100sf original 1957 kitchen, no dishwasher & no disposal. I'm planning on RENTING it out. My question is s...