Is it better to use a sum of cash set aside for investing on one big deal, or multiple small deals? For example, do you think it's better to buy 4-5 duplex/SFH deals or one commercial deal? What are the pros and cons ...
I'm evaluating a few 15-30 unit value-add apartment buildings with large basements spaces (1000-1500 sq ft per building). These are in emerging B-/C+ areas communities. The ceiling height is typically around 7 or 8 f...
Hey BP - I am vetting a few PM companies and one company sent me their schedule for maintenance which is on top of the 10%/month management fee. The rates are pasted below. Is $40/hr for unskilled light labor reasona...
Hello All, I searched the forum and didn't see anything that exactly matches my question.I am an architectural designer and before that I was construction super. I recently built a spec home (design / build) and it ...
I am a Canadian investing in the US and the time has come to do the taxes. I have researched intensively the ins and outs of US taxation by reading and speaking to accountants. Filing can be accomplished in one of two...
Hi, I'm currently 22 years old, I recently got married and even more recently found out my wife and I would be having our first child in August. My goal is to acquire rental properties and eventually be able to make a...
Hello,My PITI was $3200 and now suddenly increased to $3700 because of a recent property tax rate increase. Property tax is a whopping $15000 per year now not based on assessments.I make decent rents close to $5000 wh...
Let's say my rehab budget is 40k. How much of that would I need to pay the contractor? What is the general rule of thumb when it comes to this?
Hey BP,
I had a lead inspection done on a property I own (Massachusetts) which turned up very little lead paint according to my review of the inspection report and by multiple contractors that I have received estima...
I am looking for a software that will automate the land lording process. One stop shop for leasing, showing, advertising , p/l statement , taxes, work orders , and rent collection. I need a software that not ridiculou...