Al Ball
Should I add a second story apartment?
I have a small house with upstairs potential in a "good" neighborhood. Really, my interest in having an upstairs apartment would be to rent to family, but I don't want to make a terrible investment decision. What are ...
Benjamin Dutil
Security Deposits and Last Month's Rent
I'm getting ready to close on 2 duplexes that already have long-term tenants in place. I know that the deposits and last month's rents will be paid to me at closing however they are currently under market rents and I ...
Matt D.
Land survey in Bay Area
Hi all,I'm in Bay Area and I'm having a new construction project on a land.I searched in Google for the average of land survey cost and it is about 300-800. I also found some other posts about the similar price (https...
Achi Adamit
Digital records vs. physical vs. BOTH - what is your practice?
Hi there!In the midst of putting together a property management company in NJ and am wondering what other PM's generally do.I have always been a stickler for duplicate documentation in both physical folders as well as...
Kunal Bhatia
Is it wise to put more Down payment for Positive Cash Flow ?
I am planning to buy a Condominium as a rental property with 25% down and lowest interest rate - However when I crunch the $$ I see a negative cash flow of ~$100I can compensate the cash flow it by putting extra 5 % ...
Jill McCann
Allow rent to own
I’ve had long term tenants in a property that I own. They want to purchase it but can’t get a mortgage. However they can afford the rent payments and have approached me regarding a rent to own situation when their lea...
Chris Purcell
RE Agents - Direct Mailings & Getting Listings
Hey BP,I'm looking to start a direct mail campaign with a target to get listings, or deals under contract to wholesale. From a listing perspective, what would you put in your mailing to catch the eye of potential sel...
Joshua Huston
Solar Roof + Flips/Rentals
Recently I was thinking about the Solar Roofs that Tesla started making, and I was wondering if there was any space for this in the real estate game? If you had to already replace a roof on a flip or rental, why not t...
Michael Hooper
Umbrella Policy for 18 units
I've got a total 18 units in my personal name and plan on acquiring more. I'm a little behind the ball on this, but I decided I need an umbrella policy for protection. Each property has $500K in liability, but I have ...
Karen Cook
Rehab after Hurricane Harvey
I am busier now than when I have done previous rehab to hold. I use to hire in subs and oversee, but now I need a contractor and I need to not micro manage. That said, I do have a simple scope of work, materials list,...