Jon Rylander
I need help running numbers on this duplex.
Hey BP, Need a little help hereLet me know what you think of my numbers. Am i leaving anything out and would you guys go for this deal or turn it down and why?I have a duplex under contract in East St. Paul MN that I...
Brian Huber
Does the 70% rule make sense on lower priced houses?
Hi, I've been looking at properties in the $30-60K range. Some of these need a lot of work. For example, I'm looking at a house on Realtor.com in Charlotte, NC for $27,900 that probably needs the following:New roof ...
April C.
Does a contractor have fiduciary duty to the developer/owner?
Situation: a general contractor signs a project management contract with a developer/owner and agrees to only manage the construction process for the owner; the sub trades will sign contracts with and receive payments...
Josh Kundrat
Home equity
Does anyone know if there are any home equity loan options for a student with basically no verifiable income?
Vlad Selsky
Renovation - clarify contract point of dispute
My general contractor and I signed a contract to gut and renovate two rental properties for a fixed amount of $170K. When it came time to buy the kitchen cabinets, he budgeted $2000 per unit. After I spoke with him, h...
Kiley Harris
Renting Rooms to Friends
Hi! I just bought a house and am having my current roommate (friend) move in with me + potentially adding another roommate to rent out the third bedroom. Are there any tips you could give me in terms of writing a leas...
Adam Martin
Common Deal Expenses
Hey BP Community,I'm going to view my first potential rental property in about an hour. I was hoping to reach out and see what are common expense categories you've run into as a LL? I want to make sure there's not s...
Teresa F.
Because Washington DC
The local Property Management group had a Q and A with an attorney specializing in Landlord Tenant law. My question: Lease says tenant responsible for all utilities. Water gets cut off because tenant doesn't pay. ...
Donna Xu
Cash out refinance or HELOC?
It feels like I should have more cash reserve in case of losing my job or having an opportunity to buy another rental property. However, the home prices have increased even higher due to the lower interest rate. It is...
Tom Tippmann
Net or gross lease for single and small multi-family?
Hey everyone,
Hope it's a good morning.
For single and multi-family properties do you typically have a gross lease where your tenant pays a fixed amount every month or a net lease where your tenant gets the water, t...