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When purchasing an older property, are there red flag issues from inspection reports that new owners should choose to address proactively, rather than in reaction to a tenant raising an issue down the line?
In m...
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Hello BP,We are new to this and trying to invest in the Minneapolis/St. Paul metro area. We have been looking for our first deal for a number of months now and I believe we found one and are looking for feedback from ...
I have a tenant who contacts me weekly for repairs. Some are legitimate and require a specialist, while others are trivial, such as replacing a sprinkler, and it's getting very tedious.Which repairs can I reasonably e...
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Hello, I'm watching my first ever tenant move into my first ever basement suite right now and noticing a few items that makes me wonder about wear and tear in regards to hanging paintings or shelves. They asked me...
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I have a deal for a good 2 bedroom condo in the works..
It's going to cost me 235 and about 7k in closing bring me to 242k in... the u it needs about 15-20k rehab to put it in mint condition (confirmed by the inspe...
Hi BP friends. I did the ultimate no no, my niece and her union plumber husband needs a place to stay in town, and I let them stay with me if he plumb my bathroom and does a little fixing up. Was specific in verbal fi...
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The following are obsessions I see from owners about running their STRs. They gross tens of thousands in revenue, but go into a rage (Baba Yaga?) when a few dollars is at risk. The law of averages says that there will...
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Good evening everyone. My name is Darrion and I'm newbie but I wanted to say thank you to all that has given me advice on real estate. I wanted to get thoughts on this property. It's a 2 multi family unit. The 1 st un...
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We are starting to market to expired listings. I have a pretty good plan, at least I think so, but I am sure some of you other seasoned folks out there can teach me a new trick or two.
I am sorry, I should tell you ...
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When buying your first property, especially multi-family, you're bound to frequently come across occupied units and often while the tenants are home. It's a fact of life in a multi-family property search, and while i...