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Hey BP, I just recently got licensed as a real estate agent and have set foot onto a rather large firm in the Kansas City area. I'm with a firm called Reece&Nichols, I originally got my license because I thought i...
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I have lower middle class rentals in Texas (rents around $900 for 3 Bedrooms). I am wondering if anyone has found that it is smart to convert gas stoves in old homes to electric. It seems that electric is easier to...
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What are the best cities to buy investment property? Here is a recent article that precisely answers that question. Agree or Disagree? For the newbies out there, this will narrow your choices and make things simple.Te...
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Hey BP!
I've got a property that I am rehabbing and our timeline unfortunately got pushed back into the upcoming winter months. The property is currently vacant and does not have an HVAC system installed. We have a ...
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And if it's not required, what % of the time would you say that you do give an earnest money deposit?
Also, can I have a provision on my contract that says "If left blank, then no earnest money is due" or something t...
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Hi all,I’m about to close on my first out of state rental and have been in contact with a property management company to manage it.For accounting purposes, the PM is asking me to open a business account at a local ban...
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I am very happy to say that i started my first rehab this week! It is located in South Holland IL. I am looking to keep things moving as soon as i get done with this. I should have the capital to purchase my next one...
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I know mobile homes depriciate. Is the same true for manufactured/modular homes? I did a google search and found answers from both sides so I'm looking for a little more clarification. With all the confusion with the ...
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I've decided to give a try to buying a property using seller financing, in this case "subject 2" existing mortgage. Here is how the transaction is being structured.-The seller would first transfer the house into a new...
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Hey RE Experts, what do you suggest if the goal is to achieve a good steady income (and minimal involvement physically) from rental properties :Buying multiple SFR / 2-3-4 plexes and keep adding more slowly in Bay are...