Hello,I was looking up fair housing laws in Chicago because I am trying to rent out a unit, and I came across an article online that said we are not permitted to say that income must be three times the rent, because i...
First time buyer here - looking to figure out if my expectations are realistic. I'm looking to house hack a single-family or duplex, occupy for 1 year per FHA loan rule, and ideally exit after year 1 with a cash-flowi...
Hi all! i am totally new to this group and forum. I live in the Tampa Bay area and am desperately looking for a mentor. Someone that has proven success in the real estate investing business. I have so many things I ne...
This past weekend we had two different applications for two different properties that had one thing in common. Both applicants submitted totally fake W-2s. You can’t just rely on automated screenings. You really need...
I just graduated flight school and I have a school loan because of it. The payments for the loan are deferred for 2 years, but still accrue interest (interest rate is 7.2% and balance is ~$60k). I intend to buy my fir...
Recently bought a property that needs a total HVAC system replacement. I had more than one HVAC tech come out to verify. The system I have now is an old furnace, and I've been informed it's too large for the property....
Hey BP'ers - looking at my first large multi-family and need help knowing what the unknowns are. Here's the data:79 Units - Townhomes, with 24 separate buildings. 60% have been updated with roofs/siding, interior ba...
Hi - a new landlord here and need some advice. I just rented out a single-family home to two last year in college students ( they are a boyfriend and girlfriend). They did not have a good credit score, but they have a...
Good morning,
My wife and I recently closed on our first out of state property, a townhouse in Bedford. I'm looking for recommendations on insurance. Also some advice on reasonable coverage amounts.
For now I just w...
I'm thinking about hiring a designer that I would like to give my budget to for each room (kitchen/baths) and have them pick out all the materials/finishes. How much does that type of thing typically cost? I'm in MD..