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Hello BP friends. Getting too many requests related to plumbing.Do you have any recommendation for that? I was thinking about updating contract to make tenants pay for expenses (plumbing issues)Last month expenses wer...
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I'm hiring a management company for my STR. Of course, I can figure out what my insurance, cable and taxes will be. But, what can I expect to spend for all of the other expenses? Consumables, utilities, repairs, yard ...
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I decided to enter the REI world when I learned about wholesaling. It intrigued me because I could actually afford to take action immediately. I am currently marketing for and talking to motivated sellers but have not...
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Hi everyone, I just discovered this site a few days ago and have been doing a lot of reading and have learned a LOT. My question is regarding the 50% rule - my understanding is that it is a fairly conservative ratio o...
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Hi everyone, I'm fairly new to BP and would like to start investing in RE. However, my current situation is that I live in an expensive market (SF Bay Area) and I am currently renting a SFR. I have some cash saved up ...
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My previous tenants who left in March, 2023 violated lease on multiple occasions. Biggest issue is that they kept 2 dogs without notifying me who seem to be peeing in the house for a long time. Loft and stairs have th...
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I want to hear from investors who got their start long before the infamous housing market crash of '07, '08, '09...... What one or two things do you do differently NOW because of what you learned THEN? Don't hold back...
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I am doing my first true house flip (have remodeled plenty of houses for rental) and am trying to figure out a contract to use with a new general contractor whom I have not worked with previously. After hearing about...
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I had someone inquire about the other unit in my owner occupied duplex. It's an old house and most likely has lead paint. Also, not sure I would want to hear a 3 year old running around all the time. For these reasons...
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I'm researching PMs in other markets we're considering buying in, and have seen some PM sites with info for prospective tenants. When I look at their apps, I have seen some with the following type of set up:
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