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Hey BP community, looking for a little advice here. I have 2 married tenants in one of my duplexes. They are going through a rather messy separation and one tenant has vacated the property but has not retrieved her be...
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Hello,We are closing on a duplex in St. Paul, MN next month. The basement is pretty large and unfinished, I plan to put in laundry down there for the tenants but will still have plenty of additional space. I was think...
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Can anyone give me some insight on home owners insurance for owner occupied duplexes or triplexes? How do insurance companies view these types of properties? Is it similar to a single family property? I would love ...
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I am processing a tenant application. 1/3 of the income is coming from alimony and child support. I have no idea what the likelihood of her continuing to receive this income regularly is. I am looking for ideas on...
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Ive decided I want to create financial freedom through real estate investing. And the BRRRR method (Multi-unit) is the way I want to go with flips on the side. Im about a month in on learning and self educating, I ha...
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New lease starts next month. I was thinking of upgrading the wooden deck, but the estimate came out to be so much so I am thinking of demolishing the deck. Can I do that? I didn't promise anything to tenants. They jus...
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Hey all! I’m an 18 year old who is going to college on a football scholarship. I am very interested in getting started in the Real Estate industry. I’m a go-getter who wants to get started in my career early. What sho...
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Hey there, guys!
Please, double check me on the correctness of expenses placement into current (a write off for 2012) or capital (depreciation).
1.building a new protective covering over electric panel bank (old one ...
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New limits. These go in affect after Jan 1. The biggest change is to 4 units which are my personal favorite type of building for cashflow and house hacking. The self sufficiency test still applies to 3/4 units but man...
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Hi, looking for some advise...
Tenant is behind on rent, tried working with tenant during the pandemic on a payment plan. Beginning the year is nowhere to be found, although all their belongings are inside the house....