I just received the title work for a cottage I'm purchasing owned by Fannie Mae. The cottage is located in Northern Michigan. The Schedule B-1 requirements include this clause:7. Covenant Deed from recited owner to...
Hello BP,What appliances do we need to provide for our tenants? My realtor said no fridge or laundry machines because of liability issue, but throughout the years of renting myself I never had to bring in my own fridg...
Repair 2 windows (replace the glass)
Install 4 vertical blinds
Install Smoke Alarms
Replace front/back door locks
Clean inside and outside of the house
Total estimate including labor and materials $1250.00
I want ...
Hi everyone! When making an offer on a MF property, is there any way to verify the rental income that the seller claims to make on the property? Is it appropriate to ask for tax returns? This is a small 8 unit prop...
Hi everyone,
I understand that in Spain there are significant tax breaks (a deduction of 85%) for companies which rent 8 or more apartments under a special regime. I see that at least 55% of the company's revenue m...
Good morning. Right now my real estate priority is finding wholesale and rehab deals but I motivated seller responded to my marketing and to me, in my limited REI experience, the only exit strategies for this deal wo...
I'm looking into purchasing a duplex strictly for investment purposes (not going to be a owner occupant.) Currently, one side of the duplex is vacant and the other side has a tenant on a month to month lease. If all...
I am new to BP and trying to dive into Real Estate. This will be our first Rental hopefully!
My spouse and I offered on a Duplex that we think would cashflow (based on the computations used in BP).
We both just star...
What are the pros and cons of renting in Section 8 housing? Has anyone found success down this road?
Does anyone have any lease content for a co-signer, or should I contact my attorney? I have a potential tenant, but her last rental experience was not a good one. She had a roommate, so it's a "she said, she did" kind...