Will Wu
Central A/C or Window A/C for low income rentals.
Hello, I have multiples rental 2/1 apartments Florida rented for low income tenants ($650). Most of them have central A/C but I found out that these are really pain in the neck and very expensive maintenance. The tena...
Will Gaston
Is the Security of a Free & Clear Property Real?
All:
I've been investing for 16 years and am trying to thoughtfully consider the best strategies moving forward in somewhat uncertain times. Most of my career I have been in the "re-fi till you die" camp but have b...
Destiny Rich
Are we nearing a recession? What do you think?
The U.S. gross domestic product contracted in the first quarter by 1.5%. The stock market has been tumbling. Demand for warehouse space has surged as retailers look to avoid supply-chain disruptions. The retail Inflat...
Jonna Weber
Mysterious "knock" coming from an interior wall
I've had an issue in a condo I manage for a couple of months and after much trial and error, I thought I'd check with BP to see if anyone might have an idea what might be going on. The condo is a newer unit (2004) on...
Ally Garcia
Beginner investing: Pay off student loans or buy property?
am 28yrs old in LA working in marketing. Right now I have about $20k in a high yield online savings and money market, and not exactly sure which I should focus on more - paying off student loans, saving to buy a h...
Ellie Narie
How do you "define" primary residence for FHA purposes?
Could you live in an FHA property for 6 months and 1 day and still have it count as your primary residence? As in, spend 6 months and 1 day sleeping at the property, and the other time of the year not sleeping there, ...
Michael Fitzgibbon
How much should I budget for total gut rehab?
Is $85k too much or too little to budget for a complete gut rehab for a $969 square foot, 1 story, signal family in St. Louis area? Roof, foundation, and all brick are good structure good. However, pretty much everyt...
Robert N.
$5,971 in closing costs/fees on $36,000 loan?
Hello all,
This is my first question posed on B.P.! My question is simple. I am set to close on a property this month (a triplex). The purchase price is $48,000 with 25% down ($12,000). So my loan will be $36,000. H...
Ed L.
Heat pump vs. Straight electric vs. Natural Gas??
Closing on another rental property tomorrow. Older 3br. 1ba home built in the 1960's.
Home currently has natural gas central unit with "NO" central cooling. The only cooling comes from window units. Pretty unusu...
Steve K.
Non renewal of lease on Senior problem tenant with heath issues
Late last year,
partnership company acquired a multi family property that help I manage.
Rents were ok but all utilities
were included per the lease. Net income is low because of this reason. As soon
as each lease...