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Looking to purchase something beachfront and hold as a STR/MTR. I have 1 MTR I just rehabbed bringing the value to 160k which is my needed DP for the STR on the beach. Banker is telling me investors are being pushed o...
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Hello! I’m looking for some insight on lead paint.
From what I understand, as long as it’s not peeling, you can just paint over it. I just want to verify that this statement is correct with people who have encountere...
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I recently transitioned my buy and hold portfolio from Denver where I self managed my properties, to out of state where I am now relying on a property management company. With my first purchase OOS I attempted the BRR...
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Is this possible or wise? The building was built in 1978, wood frame, etc. The downstairs is cement slab... is ceramic tile too heavy to put in the upstairs units (this is a rental)? If it is possible, is it loud f...
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When you find that the bank owns the property but it's not listed for sale, the neighbors complain that the property is not secure, someone is going in at night , it looks like a forest in the back of the house so no...
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Hello BP community,I am a newer investor. I only own 1 townhome and have my first tenants living there for about 3.5 months. They moved in June 1, 2015. They called me for a repair around middle of June. I went out to...
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Hi everyone,This will be my first rental property that I am looking at purchasing in Grande Prairie, Alberta. I am considering this property because it has dropped 40-50k in the passed year and these types of homes a...
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I'm about to go under contract for a home in the West Chicago Burbs and want to potentially add a bedroom to the unfinished basement, but I'm worried I may (probably) have to add an egress window in order for it to be...
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Hi Everyone,I've identified a three family property in a high cost area just north of Boston (Somerville Massachusetts, next to Cambridge and Boston) and am exploring how to take it down. It's in a great location( one...
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I am often asked this question: "What is my biggest financial risk in buying/owning a short-term rental property?"
Lots of things come immediately to mind: Septic problems, a new roof, HVAC failure, lower-than-proj...