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Hey All - I am starting the buying process to look into getting my first short term rental property soon and have a few questions that hopefully some of you experienced vets can touch on.1) What are some extra expense...
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What are some of the hidden costs associated with buying and flipping houses?
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Hey BP - I'm under contract on a 3 flat in Logan Square. I'd like to have an electrician through to quote out some work. The rough scope would be to replace the 3 existing electrical panels and to possibly increase se...
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Hey all,Working on a deal for a duplex that is currently being rented out. The duplex rents at higher-level vacation prices to athletes training in the area - they come for anywhere from 1 week to 6 months at a time. ...
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Not sure if I picked the right forum for my question:I own a 3 unit brick building in Boston. Inspection showed the wooden back porches need some attention.I got quotes to rebuild it for 15K$ or take it down for ~6K$....
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Hello all,I'm looking at buying an additional question and have a unique scenario that I'm hoping someone else has run into. The present owner was attempting to renovate and live in one side. In his efforts, he remove...
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Hello To the landlords that do vacation rentals is it worth putting in a Hot Tub. I know for me its a must to have one when I want to get away However, I do hear it can increase the electric bill a lot. Do you thin...
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I'm considering investing in real estate to accelerate the growth of my wealth, and wanted to see what my options are. Given my situation (see below), what real estate strategies are the best fit, what are the typical...
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I am about to purchase a rental property and I'm not sure whether I should go for the 15 yr note or the 30 yr note. The difference between the two mortgages is $245 per month. I plan on purchasing many more prope...
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A house I'm looking at flipping that is 1350 square feet but the garage would make a great add-on for 625 square feet extra . I think to refinish the garage would cost about 15K . It would bring down the cost per...