Before my husband and I got married, he bought a 2 bedroom condo in the Irish Channel right off of Magazine in NOLA. When we moved away, rather than selling it, he has been renting it for $1600/month. We don't have a...
My name's Connor Fitzgerald and I'm attempting to break into the real estate investing market. Currently I have $40,000 in cash, but no credit score. I have opened two gas cards to attempt to develop some credit over ...
How are y’all calculating your projected maintenance expenses for BRRRR properties?I know the rule of thumb for a traditional rental is 40-50% all in expenses (vacancy, prop mgmt, taxes, ins, repairs, CapEx, etc)..But...
I'm a low experience investor, I've had my rental since 2015. My current tenant is moving out spring 2021. I'm wondering, should I:1) Take advantage of the move to perform upgrades? 2) Perform light changes? (i.e. c...
Our first flip. Brought a property for 86k rehab about 120k. Homes selling in the area for 320-370k.I’m financing, my brother is and agent/wholesaler. We are splitting 50/50. With covid, acquiring permits in Chicago m...
Anyone know how long before a lease is up we need to send a rent increase letter?
Hello my fellow BP members who specialize in fix and flip. I need your input regrading drive way repair. Just recently I was able to lock down a house on contract to rehab and flip. This is the first time we encounter...
What are ALL of your expenses on multifamily properties? There are many common ones such as mortgage, utilities, cap ex, vacancy, landscaping, and more, but I was wondering if anyone had dealt with even more specific...
I have a difficult tenant who doesn't want to show the home how do you suggest I get her cooperation? note I have in my lease the right to show the home at any time… Suggestions?
Hey guys what are some of the clauses that you find extremely useful to have in your leases?