Hey BP!Say you have a duplex that you paid $60k for.Rental income is $1000/month. ($500 upper / $500 lower), property taxes ~2500, insurance ~$600, no major expenses on my end, utilities all in tenants name.Basement h...
Ok, lets get the "it depends on your state/local municipality" out of the way. I am looking for a more general quesiton of what is a reasonable hourly rate (or per job) to charge for DIY repairs. For example, if a t...
Eviction? Pffft why pay a few hundred bucks when I can DIY and have them out in under a year?!
Leases? Not a chance. They're free online! What could go wrong?
Flipping contracts? Why? So they can tell me it's not le...
I’m considering getting out of real estate investing. The thought came to mind of selling my properties (4) and getting a single family residence, renting that out for a couple years and then moving into it, convertin...
Hello, my name is Jacob Hodge and I am 19 years old. I started a construction business with my father at 16 (after leaving highschool because it wasn't for me and graduating online). For the first year we renovated ho...
Hi everyone,
My name is Jared Smith, and I am currently a 21 year old junior at Virginia Tech. I am double majoring in Business Management and Real Estate. ( I know this is not necessarily needed for real estate pro...
So my landlord rented half a unit on the 3rd floor to me over a year ago. Her father was the already existing tenant, only quirk was that she expected rent weekly. Over the last year her father has moved out and she's...
Hello:I've just closed on my first IP (4-unit) in New Hampshire. I need to do some renovations/updating that requires vacating all the units, and I'm wondering what a fair amount of notice would be to prevent the cur...
I wil be buying a home with a indoor inground pool. I am wanting to rent it out. I plan on leaving the pool dry and leave it up to the tenant if they want to fill and maintain it. Is there any legal/insurance issue...
Can you please help me figure out trusts?
1) Trustee is the person who owns an assets and deeds this asset to the trust. Correct? So for simplicity, lets say there is a single family house that is paid off and it pro...