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Hello BP community!I recently purchased a MFR and have a leak in the roof. The easiest access to the flat roof is from one of my tenant's windows. However, the tenant has been in the hospital since before I bought t...
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What’s a good rule of thumb to follow when starting a business or owning multiple properties for how much you should set cash aside to go towards the mortgage, expenses, emergencies and paying yourself? Thanks in adva...
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Hey all,I purchased my first 3 unit multi family in May 2021 that I am house hacking. Everything was going great until my town reached out to me and requested to do a building inspection, which I failed.One of the thi...
Hello! I am getting my first rental property undergoing. I have a few good applications so far. I will be moving forward with getting the property occupied 02/1/22. Currently brainstorming some boundaries to set with ...
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I am new to RE ’investing’. Based in Katy, TX, I have a mortgage and my DTI ratio is 30%. I have roughly $100k in my emergency fund and would like to venture into foreclosures. However, I do not want to liquidate my e...
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...what would you do with it?
(Obviously, I'm looking for purely RE related answers)
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I'm searching for a multifamily property to househack at the moment and this is a question that's been on my mind. I see the benefits of managing your own properties at least in the beginning of your investing journey...
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Hey everyone, I’m about to start interviewing property managers and start building a team out for some potential long distance investments. I was wondering what were some “must know” questions, as well as some questio...
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How much do you leave set aside for your property for expense or capitals. At what amount or percentage do you stop saving expense and capital funds, if ever? What is your plan for emergencies? if you have a couple pr...
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As a general practice real estate attorney and property investor, one of the most commonly asked questions I get is what a landlord's options are to evict a problem tenant during Covid. I hope the following will be he...