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I just read the "Ultimate Beginner Guide" provided by BiggerPockets and noted the investment rule of 2%, and find it may not be realistic in my humble opinion.
If I am correct using the 2% rule, a home that cost $200...
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Hi BP community. Here in south Texas an A/C/heater is needed basically year round. That being said my current unit 13 SEER (Goodman) being over 15 years old has a blower that has gone out. This unit is rusted out, has...
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I just evicted a tenant who had lived in one of my apartments for 8 years. He obviously hadn't cleaned in all those years. I'm wondering, when you do inspections what do you point out for tenants to clean/fix? Do you ...
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Removed that old carpet we all love... just when you think you’re going to get lucky and find a nice sheet of plywood underneath, you get stuck with this:Do any of you experienced DIYers, or contractors have any exper...
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LED Lighting (fixtures)So incandescent is out, CFL’s lasted about two years and now we have LED bulbs but even better... LED fixtures! I’ve started changing out fixtures (as needed – interior and exterior) for the new...
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After a pipe broke in the attic of my two story multi-home, I faced a lot of issues with my general contractor and plumber in particular. Leaks still prevalent in pipes and refusing to fix them, contractors worker and...
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I had my roof replaced in 2020. We just had a heavy rainfall over the past week and my tenant notified me that their is water leaking through the ceiling into their laundry room. I checked the attic and and there is w...
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I have an STR property, a duplex that has no long term tenants in it. I have been renting on Airbnb/Vrbo for 9 months in 1 side of the duplex. For reasons I won't go into, I do not want to rent it as two separate prop...
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Hi BP,
I am exploring a Multi Family (2Family) investment in jersey city heights (close to christ hospital). The strategy is to buy and hold with positive cashflow. I have some prior experience house hacking my con...
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What are people's thoughts around tenant's Renter's Insurance in Chicago? We recently signed a lease with tenants (2 people - Person A & B) where they have 1 renter's insurance. Person A has the renter's insurance...