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As a newbie I am facing analysis paralysis on where to start my midterm investing journey. In NYC starting a midterm rental business is super expensive unless it's done upstate hence why Albany came on my radar. Also ...
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I have a Heloc in my primary residence, which I want to convert it to a rental and buy an other primary. Would the bank ask me to payoff the Heloc, since they will receive a new insurance and I will loss my homestead ...
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I've been a longtime lurker, but this is my first venture and post, really need help/advice.I've been under contract to purchase a 2 flat in the Jeff/Portage Park neighborhood of Chicago, it was a not approved short s...
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hello, looking for experts opinion. We want to place an offer on a house that is priced about 50% below it’s market because it has mold in the basement. We didnt have time to bring a mold mitigation contractor to look...
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So Im looking at a distressed property that I think would be a great fix and flip. It's an extensive remodel I think would take 4-6 months depending on how much outside work was contracted vs done in house (myself). I...
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Last year I rented to an unmarried couple. The lease was in both names and I allowed a dog because one tenant did nor work and was staying home with the dog. The rental is high end and sort after. I live in a differe...
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So this is a bit of a lessons learned / warning when it comes to repairing certain elements in rental properties. Very interesting so I thought I would share it with everyone:
I got a call last week from one my tena...
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Hi BP,I'm trying to get an estimate for the cost of some cracked foundation and bricks repairs on a prospective property in Quebec City, Canada. I haven't been able to get a clear number from contractors in my area. C...
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I have a tenant that his lease is up in two days and he will not respond, I have texted him several times and emailed. He is in a 5 bedroom house that is shared by other men, I would like if he is not going to stay to...
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Hi everyone -
Recently acquired a SFH which I'm occupying for now and intend to potentially rent out in future. The current heating setup is FHW via an oil-fired boiler. Hot water is also provided by the boiler (via ...