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Hi Chicago folks. we have a 3-flat and we are looking at gutting the building to make the apartments individually metered for water and gas. Because our water bill is water, sewer, and trash, I'm wondering how this bi...
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Hello, I have a 7-unit apartment complex and currently the water and sewage are not sub-metered per unit, we get one bill for the whole building without a breakdown. Can I legally require each tenant to pay for a shar...
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Tax structure considerations for Canadians and US foreigners in general can be quite confusing. On the one hand, the mentor courses / boot camps / common advice (including many here on BP) is to just set up an LLC but...
I have several buy and hold properties where it's clear as day that the in service date is the date the property is available for rent. I'm a little confused as to how it works when converting a primary home into a r...
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Hi Guys,Which ways/methods do you suggest using to confirm that the details (income/expenses) that a potential seller presented on a specific deal,example, seller reported that a potential house is never vacant year r...
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Hi all -Long time reader, first time poster.We have reached an agreement with the bank on a short sale (the property will be a rental for us). The house is being sold as is, but we are certainly planning to do an insp...
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Recently I was thinking about the Solar Roofs that Tesla started making, and I was wondering if there was any space for this in the real estate game? If you had to already replace a roof on a flip or rental, why not t...
I just had a buddy advise me to house havk i agree with it. Ive been looking for duplexes for a while now have a few in mind for my va loan. He also said when you get one try and rent each indevidual room out if you c...
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Adapted from a twitter thread, thought I would share here:The BRRRR method of real estate investing (Buy ➡️Rehab➡️Rent➡️Refinance➡️Repeat) has become a popular strategy in recent years to maximize gains in investment...
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Hello BP!I am planning on making my first offer for a duplex which I will house hack, and am curious to hear from your experience who usually pays the following expenses (landlord or tenant). I am running my numbers, ...