How do you figure out if the duplex that your building will be worth it? I’m estimating it will cost me about 350-400k to build and rent for about 1700-2200 per unit. Any help will be appreciated. I am having to put a...
Hello, I have seen several informative posts on who should pay utilities (landlord vs. tenant), however wanted to ask for advice specific to my case. Firstly I should say that I am the tenant in this case -- I joined ...
Hi all!Thank you for taking the time to read this and chime in, your opinions and advice are welcomed and appreciated :)My business partner and I decided to start a wholesaling business in order to grow our flipping p...
I own a triplex. I live in the main house up front which has its own water and electric meter. I have two small homes in the back that share a water and electric meter. How do I handle utilities for these homes since ...
Hello, This is my first post, and I’m looking for some insight in to what others would do in my current situation.I bought a townhome in Aurora, Colorado using a first time homebuyer loan program in 2016 as a primary ...
Hello all,We are closing on a 12unit next month. The inspection showed there are 8 water heaters that are near double life expectancy (so they are 10 year water heaters but some are 18 years old). Would you replace th...
Many investors and entrepreneurs have misperceptions when it comes to flipping houses. Here is a story to illustrate: Gary was a new investor who worked as a business analyst and had recently received a six-figure inh...
We are currently in the process of preparing to close on our 3rd Investment Property. Originally we planned to Fix/Flip/Sell houses in our farm area using all of our own cash. Doing so would trigger the need to pay Ta...
Hello lenders and experienced BP investors out there....How realistic is it to ask a conventional lender or private lender to use one property (a SFH owned free and clear), worth $75K, as collateral instead of a down ...
Retirement planning is a journey filled with valuable lessons, and as a real estate investor, I’ve learned some crucial insights that I wish I had grasped earlier. Real estate has been a game-changer in my financial s...