Robert P.
paperwork for new tenant
Hi All!As you may know from an earlier post, I have found a tenant for my apartment! (woo hoo) I screened and screened and screened some more and nothing but positive outcomes, so I am pretty excited about this. Let m...
Lucas Schlund
How To Run The Numbers On A Potential STR
Hello all! I have tried finding post regarding this question but couldn't really find what I'm looking for. I'm new to STR's and was wondering, from a big picture view : How do you run the numbers on a potential STR? ...
Jason Unrath
Double-check my potential house hack deal, please.
I just finished running the numbers on a duplex I'm looking at. My idea is that I want to purchase the property with an FHA loan (3.5% down), fix it up, and then live in one unit while renting the second unit. Once ...
Sam Leon
Hiring licensed, insured and bonded subs and contractors
Got a question.You hire a company to perform a task. Let's say painting or window, you hired "ABC PAINTING". They are licensed, insured and bonded. You checked their license number at the state department of profes...
Jack Vazquez
Sell or rent out condo in 2024?
Hi Everyone!Looking for any feedback that you are willing to part with on a situation I will be in next year. So, it is currently 2023 and I was originally planning on selling my gated condo with a small backyard and ...
Mark Weinstock
Bathroom remodel advice needed
Planing to remodel the 2 bathrooms in my house and then renting it out and buying another place I need to replace a tub and vanity in one bath and the shower and tile in the other Looking for advice from people ...
Jason Polykoff
Projecting rehab costs
Hi BP,I’m a hopeful investor who is still learning a lot about REI. My latest quest is to figure out a quick and easy way to estimate rehab costs and ARV by just looking at the specs and pictures of a house online. Ob...
Ted Kawabata
Detecting roaches at the CHECK OUT inspection
OK I don't see a post answering this questions, either on BP or on the web. Help!I'm checking out a tenant and he did an amazing job cleaning. The place looks GREAT in every way. But there is a big roach problem th...
Angelica Wallace
Can I keep deposit for Breach of Lease due to pets?
I know the typical approach to replacing carpet is to prorate it based on life of carpet. In this case, the tenant had 2 unauthorized pets in the house (a cat and a wild Crow -yes a wild crow), in addition to 3 author...
Ibrahim Hughes
Can Junior TAX Liens Be Negotiated?
Here in NJ (and I'm assuming it's the case in virtually every tax lien state), older tax liens have LESS priority than newly created (and sold) tax liens (Unlike mortgages where the reverse is often true).
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