I am working on closing on a rental property in my old College town.My partners and I have a plan to buy a townhouse, and then work on buy all the townhouses in this complex over the next 15 years.We have plans on how...
I need your help please BP, EVERYTHING is wrong with this deal- but it started off so great--
A few years ago my cousin bought a run down house in the country that has a large pole barn with an unfinished apartment/...
So this might be a complicated question but those know their accounting / bookkeeping well, should know this… I’m getting conflicting answers between my accountant and bookkeeper. The problem is convincing my VA boo...
Sorry, having a good day and just wanted to share. Closed on my 3rd rental this morning. Purchased and financed for $100k, appraisal came back at $132k so bought at 75% of appraised value, should be a pretty easy re...
Why do so many succesful real estate rehabbers use hard money loans when they buy a home to flip? I'm wondering why they don't use their own capital to avoid costly interest rates.
I have a few questions in preparation for my first flip...1. I am hiring a handyman to do some things that the State requires a contractor to do. For example, I can get a handyman to replace a toilet for a fraction of...
I had a tenant vacate the other day and while doing the walk through they stated "oh yeah, we change the filter every 30 days"...so I opened up the return and this what the filter looked like:What amazed me was after ...
I just purchased a triplex in Dorchester with 2 tenants in it. One of the tenants reached out to me, and what started as a friendly conversation quickly escalated out of control. The tenant first mentioned issues she ...
Has this happened to anyone else?We bought a Freddie Mac foreclosure recently for under $50,000. We assumed we were buying 1 house on 1 lot. I didn't pay special attention to the warranty deed at the time of the purch...
We just closed on our first rental property and need to give it a face lift. While we have cash for renovations, I'm inclined to spend as little as possible. My husband, on the other hand, would love to completely gut...