So I purchased a SFR about 3 weeks ago and the renovation process has been underway for about that same time. Along the way we have come along some unforeseen costs that will force us to eliminate some of the design w...
Today a realtor I made an offer told me, in a few words, that my goals were crazy. Sure, it was a low ball almost 1/3 less of the asking price. But the offer is what make sense for my goals: 12% CoC and $100 of free c...
I am a landlord in Maine and for some reason cannot find a clear answer to this question. I am wondering if I am able to evict my tenants, with proper notice, to move in to my own property. I am leaving the situation ...
Why do many investors steer away from flat roof properties? I had a lender suggest that flat roof = older property....meaning no better than a 20-year amortization. Is this a legitimate expectation?
Hello everyone. Is there anyone who is increasing the rents, these days? I have 2 apartments that I need to increase the rents, but am not sure if I should raise it or not. Their rents are $300 below the market rates....
I recently purchased a duplex with 2 2/1 units. I'm renovating the unoccupied unit. The bathroom has a heater and no fan or vent. I'm planning on replacing the small heater but I'm hoping to avoid running a vent to...
I'm talking with a guy right now that owns 8 SFH rental properties he's wanting to divest from. One property in particular is a 3/1 with single garage and full basement on a quiet street. Market values in the area are...
Hey BP,Yes, ANOTHER question like this..I am curious to know what your business plan is.I would like to have as many people chime in as possible on thisWhat is your goal for your company?Do you even have a business pl...
Bigger Pockets,What a mess I’ll do my best to summarize . My wife and I obtained a refinance loan to pay off a reverse mortgage that my mother in law had taken out (She passed away a year ago). To safe the house from...
I have been in contact with a local realtor in my area who has brought me a couple of deals off the MLS. We are trying to put an offer in on a duplex and in the wording on the contract it says, "the selling firm is au...