Hello all,I'm under contract with my first investment property. It's a duplex with existing tenants for sale by owner in Virginia. I know that I need to honor the existing contract. What information should I request f...
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Hi All,
Newbie question for you all... I'm looking at a 6-unit right now and I believe there's a value add opportunity as the landlord currently pays about $8k annually in oil and electric. My plan would be to purcha...
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Hi, I just got my first credit and background check application. I am not familiar with credit reports. I understand the credit score part, but does anyone have any info on collection accounts? Is it a red flag for...
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Alright, all. I know there isn't a straight forward answer but would love to get your take on how you follow up and get people to turn in applications.I am just missing that last 5% of the deal in getting them to retu...
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Hello to you all i was wondering that most people fail in real estate because the mortgage and the expenses end up being more than they expected and then they find themselves under I was wondering how should i calcula...
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In our area we often have Multi Family properties that have been converted from larger single family homes to Multi family homes at some point. These conversions were often done many decades ago. We also have "Built-a...
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Hello Everyone! Does anyone has experience with separating utilities in a multi-unit building - specifically heat? I manage a 6 unit building that has one commercial gas bill and we would like to have tenants pay for ...
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Hi there,
I'm am brand new to the BiggerPockets site and love all the information here! Thank you so much! I have a few questions regarding tenant screenings...
1) Does anyone have suggestions on screening for "good...
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Advice: Recently found out that hard way that to get sewer lines and water lines can be a really big expense for a new construction, even if the lines run up to the lot. Is there any way to analyse this issue before c...
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What do you guys typically take out when returning deposit to tenant, assuming no expenses for damages beyond normal wear and tear? Such as cleaning, and the like. I'm struggling to find information on this. Thanks...