Ryan Short
Running electrical wire through plaster and lath?
Hi everyone on BP, I recently closed a 4 family house in Massachusetts in June. The house has a 1BDRM, 2BDRM, 3BDRM, and a 4BDRM. The 1 BDRM and the 2 BDRM are rented from before and are close to paying for the mortga...
Larisa G.
Can utility company place a lien on the landlord's property if tenant does not pay his utility bills?
I have received a letter from EDCO Disposal Corporation stating that my tenant is past due on several payments, and that if the amount is not paid in the next 30 days ( by the time I got the letter it would be only...
Matt J.
Best Way to Run Numbers on STR
I've gotten pretty comfortable using the BP calculators for BRRRR deals and traditional buy and holds. But what are some important things to consider when running numbers on STRs? So far, I've been looking at properti...
Andrew Michaud
Is this a good deal? 8 unit rental property @ 350k
I am looking to purchase an 8 unit apartment building in a good area. Purchase price is $350k, with 20% down puts me at $70k invested (before closing costs) and $280k financed for 15 years. Property gross income is $6...
Audrey Raines
Can i do it? Should i rent to college kids? What would you do?
Hello new friends! I’m completely new at all of this and I need some direction because my ADD brain can’t decide which way to go and quite frankly I’m exhausted from thinking about every avenue of possibility. I'm h...
Sam R.
Converting coin laundry to card laundry
I have a small multifamily with a coin washer and coin operated dryer. I would like to convert them to card machines. Does such a conversion exist? Would it be brand specific?
Pat Martin
House Hacking for beginners
I’m thinking about having a friend move into my 4 bedroom, 3 bathroom house (I live by myself currently). How would you go about determining rent?My mortgage is $1,892 per month.
Heres what I came up with:
Rent $500...
Stan Hrincevich
Triplicate Billings Allowed with HOA Transfer Fees
Not that one needs another reason to dislike Homeowner’s Associations (HOAs), but try this one: paying for the same services three times. The abusive and illegal practice of charging HOA Transfer Fees on the sale of ...
Vincent M.
STR in the Smokys - Expenses
Hi again, Trying to pick up some of my research in the STR market in the Smoky Mountain area. I am putting together a spreadsheet with some costs to help understand a the end game a little more - i.e. cash at the end...
Anthony Sulecki
Sunrocket Closed - Refusing Refund
So Sunrocket up and closed its doors yesterday without warning to customers what-so-ever. They are refusing to refund my 8 pre-paid, unused, phone months as well.
If anyone else is in that position here, please pm me.