So I purchased a house last month for the sole purpose of updating it into a rental property. It had been a rental property before and I got a great deal on it since it was very outdated and the owners were retiring. ...
What do you think of this rate? I'm wanted to jump on locking in a lender in case rates go up at the Fed meeting next week....Property info: Duplex, $155k, 25% downRate quote: 30 yr fixed, 5.125% (no points), $1339...
Hi all - Thought I'd share some of the "red flags" or warning signs I consider when accepting bookings at our vacation / short term rentals. If several or most of these are present, I won't hesitate to deny or cancel...
So, I have a duplex that has about $150,000 in equity and I am starting to think about purchasing my next investment property. Ideally I'd take $20-$30k out with a HELOC to fund my next downpayment. I hear that gettin...
Hey BP family, I recently purchased a property in Brooklyn New York. My neighbor recently brought it to my attention that my building is encroaching on his driveway by 6-12 feet. When I was in the process of purchasin...
I have a few things that needed input from BP landlords on turning over a unit.SHOWING A UNIT WHILE STILL BEING OCCUPIEDThis is something I have never done I always waited till the unit is vacant and I have a chance t...
Hi Everyone, I have read measure EE "Just Cause for Eviction" rules in Oakland. I see that the rules DO NOT apply to a property of 3 units or fewer, where the owner lives in of the units. Here's the language from the ...
Tenant has requested permission to get a chicken coop. My initial thought is no... anyone have experience with this? Just seems dirty and unnecessary. This is in a duplex with a good size back yard. Thanks!
Hello! If there is an underground oil tank, is the seller legally responsible to remove it before the buyer acquires the property? Or can it be negotiated within the contract? This property is in Connecticut. Thank you!
I have an SFH and a duplex as rentals, both with mortgages in my name. I want to protect myself and my family from lawsuits and was told by a friend to start an LLC and transfer the properties into that LLC. Since I h...