It is imperative in fix and flip that you get the budget down when taking on a project. Having the correct budget gives you a clear picture, helps you manage risk and understand the profitability of the deal. But you ...
My tenant bought a house and moved out. She requested I end the lease early, but I told her we can start showing the house and if it rents I can terminate the lease when new tenant moves in. But she has not cleared al...
Hi everyone,Going off of my previous experience from when I was an MLO at QL (Rocket Mortgage now). I know I had a lot of trouble on conventional products for clients that were looking to finance properties under 100k...
I don't know if other people are as paranoid about this as I am. It's hard to imagine nobody worries about it.I usually try to have my wife with me but that is not always possible. Today, I am Face Timing with my son...
I have a problem tenant above me in my own house. They have become not only rude but spiteful because I am taking them to court for non payment and because they are just extortionist harassing awful people who abuse t...
I know there are a lot of questions a prospective tenant may ask a property manager when viewing a property. Besides the blatant obvious, what are some questions you should always be prepared to hear from someone want...
Just put our 1st offer on our 1st property.I’ve run & re-run the numbers, it’s a good investment for the long run(which is our goal, buy & hold), but is it normal to be “freaked out” worrying about the deal pe...
Hi there,A bit of a sidebar issue but there’s so much experience on BP I’m curious if someone has an opinion I haven’t thought of. I have a consistently painful tenant who complains constantly, harasses, yells, curses...
Hey folksSo I am looking at a 2 family to purchase that has the potential for a 3rd (illegal) unit. The current seller was a contractor who died 1/2 way through converting the 3rd floor into a 3rd unit. As is, the n...
Hi BiggerPockets Fam!
New REI here looking to House Hack my first multifamily property around the Denver area.
Our lease is up in 10 months, and we plan to move to CO. I plan to use this time to continue my educatio...