Account Closed
Advice on structuring/financing JV
This is my first substantive post, so please be easy on me. :) I want to first be preemptive and make the proclamation that I am not well-versed on partnership structures and creative financing. This is my firs...
Michael Ding
Ceiling Fans in Rentals
Hi everyone!I recently purchased a rental property in the Tampa Bay area.The house did not come with any light fixtures. I was wondering if I should replace the lights with light fixtures or with ceiling fans (that ha...
Account Closed
'Acts of God' Insurance? And the recent viral CA Mega Quake Predictions
https://www.youtube.com/watch?v=nGz6fHdxP30my mom called from nyc 5am pacific this morn, to ask is the huge quake hit us here in socal.. she didnt know but i threw on the laptop and went to see whats going on.. appare...
Vincent Plant
Brand New Landlord looking for advice.
I am closing on my very first rental income property in about 2 weeks. Now, I believe that I got a great deal, I can rent it out and create a great amount of cash flow I just want to be aware of any pitfalls. The prop...
Bevin Bankston
Help me analyze this deal
Good Afternoon,The property listed below is going highest and best on Wednesday. It is currently listed for 459,000 but I expect to enter a bidding war. Even at 475,000 I can see this being a great property. The numbe...
Dale Miller
Rehab estimate price guide...........
Does anyone use a uniform price guide when walking through properties for mechanics, windows, flooring, bath fixtures and kitchen fixtures.
Such as an approx price for each item (Labor cost)
Lennie Holland
Fannie Mae Homepath Property
Looking through MLS and found this. I'm not interested in the property I just didn't know a bank would fix and flip a property, if that's what this is?Zillow and here it is at HomepathIt's obvious that someone rehabbe...
Lawrence Paul
New Applicant makes 2.5x rental income - Q's?
Hello again,Curious if this tenant seems reasonable to you:Rental on property is 1245/mo with tenant paying electric and gas.Tenant makes 18/hr with a 11 month old baby, who's mother will watch when she is at work.Hus...
David Judge
Single occupancy as a requirement?
Is it possible to list a rental for single occupancy only? Or does that violate fair housing laws? I've seen limits of 2 people per bedroom, so I imagine I could limit it to one person per bedroom? Thanks for the advi...
ROK O'Kelly
Is there a specific type of Homeowner Insurance needed for my rental property?
Hey BP Fam. I own a 4BDR and 3 BR townhome that I rent out to college students. I have standard Homeowners Insurance for this property, but I'm wondering do I need a specific type of homeowners insurance since its a r...