Hi y'all
Recently purchased my first multi-family home last month with my sister and are looking for renters at this time. I am trying to get some information from experienced landlords how they have split up utilit...
Is it common practice for the contractor you hire to charge a “PM fee”? I’m interviewing contractors in Hampton Roads, Virginia, and one of them said their structure with other investors is they charge a fee of 10% (...
Hi Everyone!I have a question regarding the laws in Los Angeles for Rooming/Boarding houses. I have a four bedroom home located in El Sereno (zip code 90032) and want to rent out the bedrooms in the home to unrelated ...
I was looking at some of the mobile homes in Maryland and after running the numbers, I realized that the cashflow seems pretty good.. I just wanted to ask the BP forums what’s their consensus on mobile homes in genera...
This past weekend I attended a land sale in the western part of NC. I put a deposit on a 100K piece of land. I signed up st the sale to get information about financing with the goal to build on this land in the next 3...
Hey guys, I purchased a property in November and just found out that the tenants are not paying for electric. A visit to the property showed that the meters have been removed for all but the common areas. It also look...
Investment Info:
Small multi-family (2-4 units) note investment investment.
Purchase price: $250,000
Cash invested: $32,000
This is a two story split level property with two units upstairs and two do...
Which strategies, metrics, or websites do you use to select a new city to invest in (rentals)?Common strategies include assessing the job market (unemployment rate, median income), population (size and growth rate), r...
Hello all - I wanted to post this because I hope it will help other beginner investors who are using conventional loans to buy rental properties.I ran my scenario by a real estate attorney and they agreed, so I want t...
Just curious is this a fair estimate? High? Blowing smoke (no way it can be done for this price)?Remove the popcorn ceiling, patch, prime, and paint white. All trim, base, and doors we will prep, prime, and paint wh...