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I'm in the process of purchasing a home that I will be renovating and then renting out. The home has hardwood floors downstairs and plywood upstairs. Typically in a rehab and sell situation I would refinish the floors...
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Some context:My PM uses Buildium. Each month, I take the income & expense report generated by my PM and manually enter it into my bookkeeping software (just Excel) alongside other expenses (mortgage, landlord-paid...
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Hello everyone!My name is Brad and I am a local Realtor here in Las Vegas with 5 years of full time experience. I'm looking to work with more investors here in our local market. I've read The Millionaire Real Estate A...
Hey BP gang,Two quick questions for anyone that is knowledgeable of range hood venting and/or laundry machine venting. I had a contractor install a range hood in a unit recently and install venting to the outside of t...
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Does anyone have any information regarding forming an LLC in Alabama? Alabama apparently has the option of selecting Series V Professional. Is it required that I choose one when forming an LLC here?
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I am hacking a 3flat(triplex) and am shopping insurance. The insurance broker I am currently working with is offering a commercial plan which seems like overkill to me. What is typical for househacking?
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I recently watched a video on how to make an offer on a house. It was a simple formula. I think it was:ARV x 70% - rehab costs - profitMy question is how do I quickly and efficiently determine rehab costs to make an o...
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A tenant paid the late fee even thought I didn't send a three day notice. Can that come back to bite me? They are frequently late and sometimes tell me they are going to be late and I waved the fee but I charged the f...
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Hello all. I plan to rent out my extra bedroom for extra money. I downloaded the BP lease agreement. Do you have any tips or resources recommended for getting up and running for a newbie landlord for just a room rental?
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Hi all,Question pretty much as in the title.We have 3 rental properties. Looking to balance Keeping It Simple and being on top of things.For years, we used Ally. What I loved about them was that each property could ha...