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I bought a house in the Central District of Seattle last summer. Half of the footprint has a finished basement and the other half (400 sf) is a 4' crawl space. I would like to dig it out and turn it into a finished be...
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Please help with the deal analysis. Here is the link to the report: https://www.biggerpockets.com/analysis/rentals/95216d60-1063...This is my first turnkey rental investment. I am just getting started, so not sure if ...
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Hi BP professionals,
My question for today is where should one open an LLC - is there a difference? benefits opening in a specific place vs other places?
I own a couple of duplexes around, but all of them are regi...
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I am closing on a 2 family with a great upside for creating a 3 family plus additional storage space for increased rent. The home has a large fenced-in yard with an above-ground pool that was installed in 2021 and inc...
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Hey BP community! What questions do you ask a property management company when trying to determine if you should hire them?
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Hi!I've been renting out my 3/3 end unit townhouse for the past three months through Furnished Finder, to a great tenant on a four month lease. It's cash flowing really well and I'm hoping to continue doing MTR. I'm w...
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I live in Milwaukee, WI and own two duplexes next to each other. My units are well updated and I’m able to collect higher than average rent for the area. Having said that, to maintain the yards in the summer and snow ...
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Hello BP family,I’m getting my house ready for Airbnb and was thinking to do a big loft net, there is a perfect space for that on my second floor loft room. It will be all the way covering open space, so it will be im...
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Working on renewing our insurance and because we have a lease of less than 12 months, (most are 60-90 days and are often renewed into longer terms once they establish themselves here) our rentals are considered short ...
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I know this may sound like a crazy question, but I would like it clarified.What are closing costs?What expenses are including in the closing costs?Any general rule of thumb/guideline for estimating closing costs?Thank...