I am currently in the process of purchasing an 8 plex in the Kansas City MO area, with two business partners. One of them is my brother. My brother & I live in Boston MA. I work in the oil & gas industry and t...
completely new to this and would like to know if when you find a property that you'd like to finance. would you be financing the same as you would a regular home for yourself or is it a different type of loan because...
Have a buyer in the home as renter. Seller would like to cash out. The home is being sold for 6-10k less than comps in the neighborhood. The rent would pay the mortgage and the taxes and Insurance. Allowing renter to ...
I'm helping an instructor put together a continuing education course for Minnesota, and I'm having a bit of trouble with their outline. Here's the topic that they want covered: "Valuation Methods That Require Data Com...
A friend of mine has just got a property under contract and the HML she's working with is requiring she has a licence GC to get the rehab done. This is the first I've heard of this, mind you I've only studied REI up t...
We are doing a lot of work on a 6 unit building in Allentown, PA. As of today, we realized that since we opened up walls to do the electric and plumbing work, we need to get a building permit. Because it's a commercia...
Understanding a property's unit count is crucial when assessing investment options. Size determines a property's profitability and management efficiency.
Property managers regard smaller properties as less profitable...
In your experienced opinion, which is more feasible for an out-of-state (3+ hour flight or so) owner, MHP or SS?Regarding an on-site manager, at what point does it become financially feasible to have one onboard? I re...
If you use a Nest thermostat for a rental how do you hand off control to a new tenant and terminate control of the old one? Do you create a gmail account for the apartment, share the PW, and change the PW when it turn...
Hello BP:
I am in the process of trying to streamline my book keeping process from my real estate investments. Thankfully my real estate investments have prospered over the past few years. I currently have 25 units a...