My wife and I decided to get started in REI by converting our primary home into our first short term rental. We packed up and moved to Asheville, NC, and started to manage the Airbnb back in Wilmington, NC.
We're on...
Hi everyone, I am pretty new to the forums & investing. I am looking for my first deal after reading several of the BP books & J. Scott's estimating rehab costs book. My question is regarding a 3 family (fo...
I am currently thinking of putting an offer on a triplex in the Seattle area. Two of the units are occupied and the other is vacant. The occupied units are both section 8 tenants with leases that do not auto-renew. Th...
Hello BPers, wondering what the consensus is out there for categorizing capital vs operating for appliances? Window A/C units? Painting? Refinishing floors? Carpet? I'm leaning to treating it all as expenses.
Hi everyone!I'm trying to bid on this foreclosed house on Xome.com but they have a clause that says "Buyer will need to agree to signing a Hold Harmless. Buyer agreeing to leaving as an exception on title. Adverse Pos...
Good evening! Both of my parents recently passed away and left me a property in San Diego, California. We are currently in probate, and I'm debating on what to do with the property. the loss of my parents and the gain...
Hi BP family, I wanted to share something that is dear to my heart and I hope you get something out of it. My apologies that it is not about real estate. It's about my story with an autoimmune disease. As a young kid ...
Question for you all.We had a couple move in to a one bedroom unit we have. They have been there for two months. Two days ago, I got a call from them saying there is mold on their furniture in the bedroom, the window ...
So, I wondered if anyone had insight into finishing an attic space if my joists are 8x2 spaced 16" apart. Now, I have heard that this only allows for "office space" rating, but my intention is to put in a full 2 bedr...