Hey BP, I recently purchased my very first property, which I am now getting ready to list for rent. One question that I keep going back and forth on is, should I include a washer and dryer in the unit? I have heard so...
BP!I need some help.Today my girlfriend and I were having a debate on buying a property using leverage through a loan or buying a property outright in cash. I know that leverage is can be a good thing for investors if...
Hi everyone, first post. I've been lurking the BP community for a while and it's been exciting to learn from everyone. Thank you! This question has been asked multiple times in the forums and covered in some articles ...
Just wondering whether you are able to consider a trip to California a tax write off if you schedule a meeting with a real estate agent to look at properties? If so, what kind of documentation would i need?
Lokking to buy first house hack Beggining of March. I really hope intrest rates drop by then because no residential multifamily works at 7% with FHA or 5%. This brings me to seller finance. I like the flexability that...
I am getting to be “too close” to this deal so... would you invest in this?
I’m already under contract but can back out during due diligence.
-118k price
-7.5k closing costs (so high!)
-20k repairs
= $145k all i...
Just got a 4-plex under contract for $120k. Each unit is a 2/1.1 and rents range from $540 – 580. Gross rents of $2250. They are all currently leased with tenants of 12, 7, 5, and 2 years.
I just met with the ow...
Hello!I'm currently looking to put an offer in on a triplex. It has two 2 bedroom units upstairs, and then the walkout basement currently has another 2 bedroom unit it half. The other half of the basement is unfinishe...
I have an opportunity to get a SFR for 45k that is in a rough area but newly renovated with new hvac, water heater, and roof. rent should be 750 per month, taxes 650, ins 900. assuming 35% for capex and repairs and 10...
The lease signed by one of my inherited tenants contains a strict non-smoking policy that includes a clause citing a $200 fee per incident. I hadn't really thought about enforcing this policy until very recently, when...