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I am considering switching to a heat pump with an electric heat strip for supplemental heating in our two-flat building, with plans to add a third unit in the future. Currently, we have a 200-amp service to the buildi...
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Hello, I am looking at 2 properties, one 2 unit property that I have put in an offer of about 120k that can generate positive cashflow of $600 per month and another which is a 6 unit property where I have put in an of...
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Does anyone have any advice on effectively setting up temporary battery-operated cameras on a long-term rental property to deter break-ins and squatters while rent-ready repairs are being made before a tenant moves in...
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Hey all, I'm wondering what you all do when given a security deposit. Do you immediately put it in an escrow account or do you just keep it in your personal account? I've heard about landlords that pocket the deposit ...
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Do you all have a Trust that owns your rental properties? I have an LLC-but have not switched the homes into the name of the LLC. I feel lost on how to do this. I have called a lawyer wanted to charge me $1200 and wou...
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Hello everyone. I'm closing on my first investment property in two weeks. Thanks for all the help leading up to this. Question: I'm inheriting tenants in one of the units of the building. The seller has offered t...
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I looked at a house today that would easily be subdivided into a 2/3 bedroom home and a 1 bedroom apartment. But we could not personally afford the mortgage on this place without a renter. Do I keep investigating or s...
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I am in the process of renting a unit that will be vacant on 9/1. I did find a good prospective tenant who would be my first Section 8 tenant. The problem is that the voucher is not enough to cover the rent that I nee...
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I have a mother daughter property in NY. I would like to bring in extra income. My mother rents downstairs but I can charge her alot she's on a fixed income and to gut the basement would cost 70k Its a 1 bedroom now a...
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Hi BP community!
This is my first post in awhile. I am looking to buy my first property and househack it! Houses in my market are are at least 400k because I am in Northern California. Ideally, I would like to have ...