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Many times on BP I've read "buy a cash flowing positive property". What about a negative cash flowing property? I've read that you make your money when you buy, does this apply to a negative cash flow property? I'm su...
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Hi everyone,
I'm under contract for an 8 unit right now and the leases say "LANDLORD PAYS FOR GAS AND WATER".
This isn't something I really like b/c I can totally see tenants abusing this so I wanted to know how do...
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Hey BP,I'm finishing up my first BRRRR deal in Indianapolis, and I have a great team in place. BUT, I'm thinking about moving to a different market.Indianapolis has a special real estate tax equal to 2% of appraised v...
The title company (underwriter) refuses to close on the closing date (which has already passed), asking the seller to provide more legal documents of the property and the trust in which the property exists. (Apparentl...
Hi BP Community,
I’m a first time home buyer and looking to start my real estate journey! I’d also like to take advantage of what seems like a good time to buy considering whats been going on with COVID and the ec...
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How do you think COVID-19 will change the average rents in an area? Will it be pushed down or up? By what percent? How would different property classes see the rent change? (Class A vs Class C). What would be the imme...
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Hi All,Quick summary, my wife and I are considering the possibility of moving in the next few years and are trying to figure out if our house would make a decent rental or if we should just sell and invest the profits...
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working on a house and just pulled the carpet and pad. the hardwood is a mess. paint stains all over, a few dark spots, some terrible repair job (where they used to have a half wall), just terrible..
it's a rental an...
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I currently own 5 houses (10 units total) and it is becoming more difficult to manage everything myself while also working a full time job. I have a few property management questions for everyone.
1. When did you ...
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Hey BP Team,
Looking for some insight on a weird obstacle I’ve been facing.
I have a rather larger shed in the backyard of my duplex building that we want to demolish because it’s an eye sore on the property & s...