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Attention skeptical wannabe landlords who think there is NO WAY rental property expenses run 40-50% of income, or that rent minus PITI = cashflow. This post is for you:I always dread the first few hot days of summer....
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I am in the position to go green aka electric thanks to solar, the numbers all make sense to move in this direction. My net out of pocket expense is roughly $14K, finance it with a low payment, and rapidly pay it off....
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I once started out on this site asking tons of questions. If you’re starting out feel free to ask me questions and I will answer the best I can. Below is my experience for context.Experience- 6-7 years- Single family ...
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Earlier today, on the way to work, I was listening to the BP Podcast #285 as per my usual routine (another great podcast by the way). But after hearing some of the guest's comments about building multi-family and rent...
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I’m in the process of buying my first duplex to house hack. I plan to buy more income properties in the future and it seems like it’s the best idea to start a LLC after discussing with my accountant. Is there is namin...
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Hi all, I am a newbie to BiggerPockets and am still learning to use the site. But... I need some help Now! I negotiated a discounted rental rate on a 24 month lease back in February with a single woman and her dog bec...
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Given that there is such a liquid market of buyers online I was wondering what people's thoughts are on the commission paid to Realtors. A 6% commission has always seemed scandalously high to me given the typical amo...
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Hey BP,
I've been a long time observer and have been actively listening to the BP podcasts over and over and have finally felt the confidence to propose my starting out strategy. I'd like a discussion about m...
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I've been a landlord for a little over 2 years now. Had to charge my first late fee today. I want to make sure I got it right, since the lease agreement I used for this tenant was a standard form and it's not exactl...
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Trying to get a VERY BALLPARK idea of what I would expect a per-square-foot gut interior renovation to cost an investor in San Francisco.By ballpark, I mean I'd be happy with a $50/sf range ($125-175/sf, for example) ...