Hey BP Family, I want to thank you all for the great advice I've received over the last few months; it's all starting to pay off. A week ago today I closed on a duplex in Olathe, KS using an FHA loan. Two days late...
I am renting a farm house and its old. It has 2 - 15 light exterior doors on it. The wind come in all around the doors, which have weather stripping around them and thru each of the 15 pains of glass. The doors nee...
I've secured a private lender and I've just received the funds in my account to purchase a small (2-6 unit) multi family property. I would like to speak with 5 or more lenders before I purchase a property, what are di...
Have a fairly new tenant in. She told me she had a high bill about $800. So she had an energy audit done which was free, they told her the vents had leaks and the thermostat was wrong. So called the pro's in for this ...
I will be doing residential rehab/resells. I now have an equity partner. He puts up the capital, I do all the work, we split the profits 50/50.
I operate through my single owner S-Corp. My equity partner will operate...
In the past when I purchased properties with existing tenants all they do is to sign a simple estoppel letter basically acknowledging the lease terms, the security deposits, advanced rents etc...My attorney has alread...
Hi investors,My first tenant moved out after 7 years and it is costing me $7-8k to fix! What's your average move-out reno cost? And how many years of cash flow is it wiping out? This is my first move-out and I"m fi...
Good morning BF. Been looking to get in the game for a little while now and ran across a potential investment by pure luck.Was originally looking at single family residential to start out with rentals.Commercial deal ...
I dove into the IRS code today, and I think I have an airtight argument that the de minimis rule applies not only to personal property like refrigerators and computers, but also to materials and supplies used in impro...