Ok BP family have a dilemma. We moved out of state a few years ago could not sell our lakeview home. We are in a situation where it's too expensive for the local population to own as a primary residence but yet not La...
Hello BP Community. First post!
I have a duplex in Ohio that I bought for $86k back in 2015 using FHA. The intent was to live in one side but I ended up getting a job that moved me across the country. Both units are ...
Hi all. Property Class B, currently has Terracotta/ Saltillo square floor tiles throughout the entire house including both bathrooms. The tiles have thick 1/4 in grout lines and don’t look too appealing. I will be p...
So I have tenants lined up to rent my property and they want to rent it ASAP. I have done their background checks and all went well. I forgot to mention during the application signing that I require renters insuranc...
I own a 4 family currently, and I am working on getting my next deal I must have put in 6 offers which all consist of 50k over asking and waived inspections. I have come runner up on places a few time but ALWAYS LOSE ...
Hello,I have recently acquired a rental property that is being managed on my behalf but am trying to figure out how I can keep track of all the information besides simple expenses and rent payments.What are other thin...
We owned a SF rental home for 9 years, which we sold and will be exchanging (1031) for another property. What documents do I need to keep? Leases for how many years? Tenant Screening docs/applications- For how long?...
I'm planning on doing my first flip soon. After my contractor and I agreed on a deal to do my flip. I'm planning to give me my credit card, so he can buy all the materials for my house rehab, I think in doing this way...
Hi everyone. I recently purchase a 2 unit property in Phillipsburg, NJ . I own a sfh rental in Pa. This is our first Multifamily. Shortly before closing i sent out a letter to tenants informing them of my purchase and...
How much reserve do you keep aside per property?