Hello BP. Thank you in advance for any guidance being provided. We have a situation with our first property in Arkansas (gotta learn somehow huh?). The tenants had rent due and have been on time for the last 4-5 month...
Hello BP Community!
I have a rather bizarre situation and was hoping for some insight. I have a duplex (two units, one address) and rented out one unit to tenants and was keeping the other unit for myself. The tenant...
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The duplex I’m house hacking has an uninsulated attic. It would cost me about $800 to do it myself. And the attic studs are non-standard distances apart, so I’m not even sure I could do it properly myself. I’m going t...
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What are some things to look for when purchasing a home that has been unoccupied for several years (4)? Considering the utilities will not be on, how do you know the pipes are ok, fixtures, electric/ heat works whe...
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I have an opportunity to buy a triplex in a small-ish town. The owner is 80 years old and just wants to retire from landlord duties. She owns it free and clear. The list price is $80K, but after doing the comps in ...
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OK I am a nice guy. I pay for the water at my apartments. I don't charge for the use of the fourplex's washer & dryer.Last weekend I was there one evening, and noticed one of the tenants was having a party. The...
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Hey everybody. I have a question, my current landlord needs to do some repairs to the ceiling. Long story short the ceiling has had a leak for over a month now to the point that it Will need to be completely demoed an...
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Dear BP community,This will be my second investment property. I have two main questions 1) financing; 2) whether to leave the home an unofficial Duplex (it has Licensed Neighborhood Commercial zoning) or convert to a ...
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Hello,
I've finally taken my first step towards real estate investing and have a finished basement suite in my home. It has a separate kitchen and laundry. Now that the basement suite is done, I'm thinkin...
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I recently filled out a pre-approval application for a mortgage, however, the lender did a hard pull and told me they came back with no score. Credit karma gave me a score of 711, I know it is an estimate but I found ...