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Recently closed on a single family home with a legal accessory apartment in the basement. My wife, daughter, and I are living upstairs and renting out the basement. The house was built in 1938, and it appears that n...
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Why is the 2% Rule under the Financial Info on the BRRRR Report stated as a percentage? I expected it to be a dollar value calculated as .02 X purchase price.Can someone please help me understand why it's given as a p...
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Hi Everyone,I ran into an issue. I am currently refinancing a rental property that i purchased 1 year ago and came to find out that there is an existing lien on the title prior to when I was owner. A few months ago I ...
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Hi All,I'm trying to determine a typical bonus structure for a RE Assistant (paid hourly). This is not to be confused with a Transaction Coordinator. There is a slight nuance to this situation however: the assistant...
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I've been looking at multifamily properties in the greater boston area and try to apply the 2% rule and it seems nearly impossible. I was listening to the interview with Darren safer and he said he uses 1% in the New ...
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I'm shopping insurance companies for Indiana 22-unit apartment and for smaller properties (SFRs & duplexes) in Memphis and Atlanta. It would be great to have one company that could insure all the properties at a ...
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Looking to convert a duplex into individual condos in Italian Village (Columbus, OH). Does anyone have experience in this and know what all it entails?
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Hi Everyone,We're just starting out in wholesales...We found some properties that we'd like to wholesale to flippers/rehabbers/etc, but we need some more details before we start.... Can anyone explain please exactly t...
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As a landlord, I understand what those acronyms stand for and how to calculate them, but i am having difficulty understanding how to apply them during the initial stages (i.e. the first 1-2 years).
Here's what i mean...
I jumped the gun and bought BP pro last month but I’ve been having second thoughts about it and have been trying to get a refund due to the 30 day money back guarantee. I used the contact us page to try to get in touc...