Amity Word
How much should we cash flow when house hacking - Single Family home- 4 bedroom/3 bth
I have a 4 bedroom ..3 bath home purchased at $275K.
Mortgage is $2210. It's only 1400 sq ft. Large deck/huge fenced in back yard/fire pit.
I'm estimating rooms can range from $950 to $1300 based on what I've se...
Grant Pope
HUD Accepts my offer and then takes it away
Hello BP,I have a scenario that just happened to me that has left me absolutely sick and I am looking for some advice.So I found a property that was a HUD owned property and was a really good deal. The asking price wa...
Dana R.
Other landlords rejected applicant- Is there something wrong?
I have a applicant who's pretty eager to rent my place because several other places have already turned him down in favor of other applicants. I think the applicant has been looking for at least two months since he ha...
Chris Morris
Additional cost due to oversight made by city and possibly architect. Who pays?
I am working with a great architect on my first new development project (who I found on Bigger Pockets). We met with the city twice for 'preliminary plan check' and are now going through the formal plan check process....
Dina Schmid
Negotiations When Purchasing Existing STR
We're under contract for a SFH that is currently in use as a STR. Inspection revealed A LOT more problems than we ever imagined a house of this young age would have. We asked them to address 5 items that we saw as the...
Amer Swid
Advice plz about inspection report "knob and tube"
Hello,
So, the inspection report came back with multiple hazardous flags that needs to be addressed , but the most one that it is expensive (25k cost) is the" knob and tube issues "of the electrical stuff. Its old ho...
Graeme Ford
Raising rents in Ontario with existing tenant vs vacant unit
My understanding of raising rents in Ontario is a percentage based system that caps how much you are able to raise rents. Does this only apply when you have an existing tenant for the purpose of preventing a landlord ...
Chris Jones
Question about looking at Cap Rates
Hello Everyone, there's this thing with cap rates (well checking for a properties true value) that I just can't seem to wrap my brain around and wanted to hear what some of you other investors thought about it.
OK. e...
Kevin Auyong
Milwaukee Lease length
I've had a few tenants whose leases ended in Nov or Dec which was a bad time to try to get new tenants.
Going forward I wanted to end leases in Feb rather than those months to avoid those months so maybe something l...
Vana G.
Cap Rate 28 ??
There's a property I've had my eye on in a working class neighborhood (residents upkeep yards, partake in home improvements, plenty of small children playing outside). Advertised as triplex but county property sear...