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My question is in regards to wear and tear; specifically, plumbing below the floorboards and inside the walls on a 20-year-old rental cottage. If there is leak not readily noticeable, as in occurring inside the bathro...
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Hey BP! I'm closing on our next property at the beginning of August. It's a unique property in that it's a SFH with a full in-law suite in the basement (2 bed/2 bath with full kitchen) and a separate addition that can...
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Hi everyone! My name is Esi and I am just getting into the world of real estate. I came across a deal that has foundation issues. It was priced below market value and I would still be doing further negotiations if I w...
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Hi all,
This is my first time writing on this forum, and I'm also a first-time investor. I'm looking to purchase a 3-unit property in Massachusetts. The purchase price is $626k, with one unit delivered vacant, unit t...
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Hi Everyone,I have a few residential rentals both in my area (Boston) and Cleveland, OH and wanted to expand a little into a commercial deal in my local market (6-10 units, purchase price $2.5-4.0M).I'd syndicate 70% ...
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Tell me about investing in a small(-ish) hotel. I'm talking something in the $1-3 million range, 25-60 rooms. I realize this is as much a business as a real estate investment. Is this something that requires consta...
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First, some background info! I bought a 4plex in my small town in the upper peninsula of Michigan earlier this year and things are going great with it. Just finished renovating my only vacant unit and had 3 calls on t...
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Does anyone use biweekly rent payment schedule for tenants? We are inheriting some tenants that have historically had some difficulty paying. They have been long-term tenants, and the prior landlord was apparently c...
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Newbie question, assuming 250k duplex with 25% down requirement.(62k)Cash reserves are currently ~45k70% LTV in my current home is 92k.How would you finance this first buy and hold? Does it matter where I pull the ca...
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Hey BP, Looking for advice on getting my first property in Roseville, Michigan. It's a side by side ranch duplex near Gratiot listed at $110k. Rents in the area are pretty much all at 700/unit. It's on a slab, no base...