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Hey BP,I’m 3 months into renting out my first property. I rent out by the rooms and charge a flat monthly fee while I take care of utilities. The PG&E bill has been over $400 and PG&E said its mainly the heate...
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So we are in the process of closing on our first duplex with M2M tenants in each unit. We've been thinking about trying property management and would like to start with this property. What are some red flags or good q...
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With jurisdictions being closed and many delaying court proceedings until July 1, once they do open up how long will it take to get rid of the backlog?Curious as to others opinion. In speaking with many of the attorne...
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Info about the property:
3 unit brick building located on southside of Chicago. Purchased for $442k. Appraised for $445k. Currently househacking it.I am out of my depth when it comes to insurance plans but after hour...
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Have an opportunity for a local duplex but the only way to make it work would be a lower than 25% down payment.Owner wants 160, I would comfortably do 10% down maybe more if I have to.What are some ways to structure t...
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Who has tips/tricks on submitting an offer on a REO property? I've had my eye on one in my neighborhood since I moved in over 2 years ago. Still vacant, still being kept up at the expense of the bank. I know what bank...
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Hello fellow Central Minnesota real estate investors. Tomorrow night the City of St. Cloud, MN will have a meeting to discuss and vote on increasing the conversion fee for the second time in two years. In 2014 the fee...
Today a woman, her mother and 5-year old daughter viewed my small two-bedroom condo that I have listed for annual rental. The woman is looking for a place for herself and her two children (son is 2 years old). She i...
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Hey BP,We have our property under contract and are planning on doing an inspection this weekend. This will be a house hack with some BRRRR elements as well. We plan on having a kitchen constructed in the basement and ...
I will be purchasing two properties - one for approximately $20K and the other for $35K. Both have renters in them, one paying $740 per month ($20K property) and the other $850 per month ($35K property). I will be p...