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Ill try my best to explain the situation. So Ive only owned this property for about 3 months now. I am purchasing this on a land contract. It is a duplex and my brother lives in one unit and the owner's nephew in the ...
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Hi everyone!I have a question about house hacking.Let's say I bought my first Duplex with FHA and I'm going to live in the unit for 1 year.What's the procedure to buy a second one and repeat the process?Do I have to r...
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Hello All,I read one of he post here in BP which talked about what type of contractors not to use ( retail contractors and remodel) when doing a rehab. I am building my team of contractors ( painters, carpet etc.) I u...
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Good evening BP, i have a question about who you rent your STR to. My wife and I placed our property on AirBnB last week and got quite a few hits. Actually more than we had anticipated in this short time. One of o...
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I had a potential tenant submit an application on 3/16. We approved their application on 3/19. They indicated they wanted to move in on April 1. We met on 3/23 and they gave a money order of $500 to hold the place. I ...
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Originally I was marketing for properties in nice areas (Oakland & Macomb County, MI), but since it was my first lead, I was open to check out a property in stagnant city (Pontiac, MI).
I have met the ow...
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Buying an older place that doesn't currently have carpet. If I allow pets, what damage could they still do from a smell perspective? Is it easier to clean the house after they move out if there isn't carpet?
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This is my first post, new to BP here. I am an accountant and have always been interested in fixing up houses and in building a business one day. My husband is an electrician now and use to lay carpet when we first me...
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Hello! It's time for a book keeper. We have 3 sides to the business. Sales, Short Term Rentals and Long Term Rentals. Any advice on how to find a book keeper and what questions to ask and what to look out for? Thanks!!
Hi! My name is Kevin. I'm 22 and a full time student about to receive my associate's in Accounting. I just became part time at work because after a year and a half of full time work and school, I realized I couldn't d...