Long time lurker, first-time poster here. While growing up, my dad was an office man, not a handyman. As a result, I am now grown up and know almost nothing about construction. I am a bilking contractor's dream come t...
we just completed our first flip. We had a licensed general contractor do the skilled work. We had the electrical panel updated by a licensed electrician. A permit was pulled, and the inspector passed the work, no ...
As everyone knows it costs a lot to turn a unit between residents. Therefore it is recommended you do everything possible to retain the better tenants. Do you have some specific items in place to retain these tenants?...
I am becoming increasingly frustrated by so-called wholesalers who contact me with a "deal," which, when I go to Redfin or Realtor.com, I find it is listed on the MLS for less than the "wholesaler" is presenting to m...
Hello all! I'm looking for a little advice. I've just terminated my property management company and now they are saying I owe them $500. Long story short, I've been told to pay up or they'll put a lien on my propert...
I have two rental properties (one of which is currently occupied) and I have home warranty plans with Complete Appliance Protection, Inc. for each of them. My question is, is it necessary to have home warranty plans i...
As an agent here in Western North Carolina I have been posed the question by a client whether or not it is better to have a separate bank account per investment property or to have all the income flow into one account...
Today I had a meeting with the Branch Manager of a commercial bank. I took my 2 binders detailing out my 5 C's all suited up and ready to get that Business line of credit or approval to get a commercial rap loan for ...
Hey all!For any and all who have any advice/input/experience that they feel would help someone who is new to the multi-family space- please share! I personally feel like this is a space that has a high barrier to entr...
Hello BP,
Finally did it. Pulled the trigger and now I am 5 days from closing on my first property! It is a duplex in Chicago, with a long term tenant already occupying one of the units. The tenant has been there for...