I understand that debt to income ratio is very important with the first property you buy, mine is comfortable 30 %. However, if looking to go into a 4-unit property as a second property, in my case it would raise my d...
Hi guys. I'm close to having my condo ready for renting. I have to go year by year by the by-laws. I'm putting in a lot of effort into making this property respectable. My question is, how far can I go in the leas...
Hi BP community,Newbie here - still have yet to buy my first REI deal - but I am currently in the process of selling our current home (3br 1.5 ba townhouse in Provo) via Homie.com. It seems like a pretty slick way to ...
I'm trying to understand how to assign contracts. Once I'm in contract with my seller, and I find a willing buyer (say, willing to pay $5k more), how exactly do I "assign" the contract over to the new buyer?
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Hi all,
I am currently looking at a commercial property in NH. Three buildings which include 22 apartments, 9 retail storefronts and a vacant theatre.
Annual Gross income is $252,000
Annual Operating Expenses are $...
@Gail White wrote in an earlier post:I have made an offer on a house where there has been a very heavy smoker living for a number of years. The originally white popcorn ceiling is now yellow over the entire surface. T...
we have an inherited tenant who is requesting that we remove the existing door on his bath tub so he can use a rod and curtain instead. We were planning on removing the door when we turned over the unit for the first ...
So I just saw this post about Section 8 HUD tenants, and this post stated something along the lines of section 8 tenants being more likely to damage properties because they're section 8 low income tenants, and also so...