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After a previous post some of the individuals that took part In the conversation about some creative ways to fund properties. Two methods that stood out to me were master lease and sandwich lease option. I wanted to u...
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Hi folks,I have a rental unit with a hot air/central AC system installed. I am looking for a thermostat that I can install where I can set the upper and lower limits of the temperature - perhaps by a passcode. In ot...
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Hi all,
Another question brought on by my excess of equity. I have a $350k property that is a SFR free and clear that has a 5 year rental history currently at $1700/month. Also have a primary worth $720-$750k and o...
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Looking for some information on Qualified Opportunity Zone Funds. Has anyone used one to "store" some excess capital gains to defer Taxes? Some background I am retired and sold down some of my highly appreciated rent...
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If you are selling a multi family property and say 5 tenants have a negative balance. Does this get washed at closing? I think it would be unfair to the buyer if the seller credits themselves the security deposit amou...
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I’m looking for a multi-unit to house hack in Chicago and just got pre-qualified. My situation is that I know I can afford payments on a lot more than they’ll give me because my wife is starting a job in a few months,...
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Hey there BP community!
So I just got into escrow for a parcel of raw land, and I'm financing the purchase via a Private Money Lender (friend, colleague). We have a fairly simple set of details to go into the Note, ...
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I recently heard from my tenant about consistently high water bills—over $1,000 each month. After checking the online portal, I see the current balance is over $3,100, and the water was shut off two days ago. The tena...
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Im looking to understand buying a place that has knob and tube wiring. I’ve read some insurance companies will not insure it.What’s been your experience to get insurance with knob and tube? Any recommended insurance c...
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