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I’m looking at purchasing a couple of laundries from a selling. Looking for some insight on some pitfalls. All information big and small are all appreciated. Thank you!
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I ran into a situation on a flip where the GC was not insured or bonded. He hired a bunch of sub contractors who he didn’t pay even though I paid him. This was in Texas so the sub contractor put a lien on the proper...
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I know that it can vary widely depending on how the agent and their brokerage do splits and desk fees. I am interested in the other costs, like membership fees (NAR I am guessing is a requirement), MLS access (or is ...
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Hello all!
I’m an entry level investor who has been reading on the BRRRR process for quite some time now. I’m interested in starting with hard money lenders. I’m looking for any related information and view points fr...
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Hey all, I have a very high level tax strategy question / hypothetical as a sole proprietor LLC.
Let’s say I own a place worth $100k. After expenses, I net $15k in cash flow at the end of the year.
I then take tha...
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Yesterday I was talking with my tenant and he said that he was getting attacked by fleas. In conversation he explained that the fleas must have stayed in eggs in the house before he moved in because before he lived th...
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I have a dilemma. My tenant called on Sunday and informed that the hot water heater was leaking. I sent someone with an hour an had them to cut off the water to the heater and they also drained the water from the heat...
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OK I am having a dilemma washing around in my head. I have approximately 2 more years to retire with a pension that would provide around 1600 month and SS of about 1500 that would net me about $2000 a month to live on...
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Hello BP Community,We recently bought our 3rd vacation rental and have been doing minor renovations. In the bathroom there is a new deep tub but no shower doors or a curtain. We got a quote for installing frame-le...
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I’m currently renting and do not own. I’m also setup to be able to purchase a rental property and start making money. What are the pros and cons of not owning my own home? Why is it suggested that I own before I invest?