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I'm working on financing a duplex as a non-owner occupant. After talking to multiple lenders, it appears there are more restrictions than I first imagined. Namely, the seller can only cover 2% of closing costs, 25% d...
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Hello BP,
Currently remodeling a unit in a duplex. I was going to put an LED mirror in the bathroom to add a "pop" in order to make my rental stand out in my market where everyone mostly provides frameless standard m...
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I have a 3/2 house under construction and it needs some rehab work. One of the things it needs is a new hot water heater. My question is whether it’s worth putting a tankless heater in a rental? What are the pros and ...
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I am curious for those who have done single family new construction whether or not you chose to invest in any sustainable design or construction strategies for your projects, or if you specifically chose not to. Why o...
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Howdy all, I'm thinking about purchasing another rental, but this would be in very very very blue collar area. Crime is not bad by any means. My other properties are in an area that require a somewhat higher income in...
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I have a few rental properties and always used an agent to do credit checks and rent them out. One property, a boyfriend and girlfriend signed a 1 yr lease. Then he moved out and she found a roommate and signed a 6...
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This has probably been answered, so if someone has a link that's fine. I've searched, but couldn't find it. I bought a property from a slumlord which I discovered after the fact.http://www.biggerpockets.com/forums/5...
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I am currently still a W2 employee while building my real estate business out of My question is this, what can I write off on my taxes while I am still a W2 employee and not considered a "Real Estate Profressional"? I...
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Hello,I am trying to help my sister rent out a unit in her building in a class B area, but we are having trouble finding the right tenant. We followed suggestions and set up minimum screening requirements, one of whic...
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I got the duplex I even have a quick response from my craigslist post. Then reality strikes. I'm clueless.How much of a deposit?Do I charge a application fee so i can cover cost of screening? How much?Is there some le...