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Hi all, I’m currently in contract for a 2-family in Jersey City (newly renovated in B/C area). There are no washer/dryer in either unit, and the closest laundromat is 0.5 miles away. I’m considering installing a set o...
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Here's a lease I'm working on for a property I now in CT. Anything you would add?Steve---------IN THIS LEASE the words "we", "us" and "our" mean the Landlord, ________________________.The words "you" and "yours" mean ...
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Hi all i have a question that might be confusing, so I’ll try and simplify it. i have recently purchased a duplex in Columbus, Ohio in a C class neighborhood. I intend to purchase more.
Now - these homes are functio...
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Good Morning BP,
I have a question about reserve amounts. When analyzing deals, what do you budget for reserves? do you withhold a flat rate amount, or do you withhold a percentage of the gross rent? Currently I am ...
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So I'm currently in negotiations for my first multi family property (5 units & up). I wrote an offer yesterday, and today the seller countered. Before I counter the seller, I am trying to more accurately nail do...
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Hello, I have a tenant that has been renting from me for almost 1 year. Recently I found out the HOA does not allow washer/dryers in the condo unit. Tenants have to use the common coin-operated laundry, so I had t...
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I am considering providing a stackable W/D set in the rental (due to space considerations), instead of two separate units side by side on the floor.
Years ago in an apartment I had a stackable W/D and the dryer took ...
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In June of 2017, I bought an urban core triplex. Many people told me I was crazy, not the first time I have heard someone say that! In hind sight, I can say it was not for the faint of heart, but profitable. My th...
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Hello BP! I'm beginning to look at properties in Indianapolis - both flip and buy and hold opportunities. There is one specific property that came across my desk that I'm seriously considering... The numbers look dece...
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My wife and I are looking to house hack by owner occupying a duplex or doing a live-in flip. My agent sent me a duplex to look at today.$200,000 purchase price2/1 upstairs 3/1 downstairs Leased till Nov & Dec 2018...