Hey BP!I'm looking at buying a SF Hud Foreclosure House. The Property is on city water supply, and has a private septic system. Utilities are off. Is there anyway for me to test the septic system for the house before ...
Are there any good resources online to be able to get an idea of average monthly/yearly expenses like utilities, etc. for a given zip or city?
I have a property that is being managed by a property management company. I have been getting a large amount of expenses on the property lately. Some seem legit but other do not. I wanted to get the opinion from oth...
Hi,
I have found a motivated seller of a 8-unit apartment building. I am looking to wholesale it if we can come to terms. She told me the rents but she hasn't told me the expenses because she couldn't remember. She ...
Hi,
House was freshly painted before tenant moved in, Is dirty walls at the move out/ scratches considered as wear and tear? If walls are in a condition of a need to be repainted, can landlord deduct this expense fr...
We are a two-member LLC (for real estate buy and hold investing) where each member has 50% ownership. Each member contributed equal amounts upon opening of LLC earlier this year and there have no distributions to date...
Hey everyone, does anyone know the regulations for flood insurance in Kansas City Missouri? I'm trying to run the numbers and I am about $200-220 a month cash flow after all expenses including PITI, vacancy rate, mana...
Hello,
We want to purchase a duplex but a lot of the options require at least 15% if we want to house hack or 20-25% if we buy as a straight investment property. To get around the capital needed for the down payment...
We are about to rent out our first house, (not by choice). I have been toying around with idea of switching to landlord insurance in hopes in my cover us better as well as possibly lower our insurance cost in our escr...
Hi BP,I am a senior architect with 16 years of experience with high rise residential design. I gut rehabbed a couple properties (designed and built) with my own resources, but considering this route for investing furt...