Hello, so I had my fourplex tested for asbestos and they have found it in a couple of areas. This is in one unit of the fourplex so I'm assuming there is more in the other units. This will likely blow up my budget a...
Hi BP Fam,When contacting and mailing motivated/distressed sellers, I've read that you can incentivize them by offering "No closing costs" and "No realtor commissions." Sounds great, but how can you buy a house and av...
I've heard this concept mentioned a couple of times now about a Property Management Company taking a small piece of a deal that they manage for the owner so that they have "skin in the game." Is this sort of thing co...
Hello BP. I inherited a tenant in one unit of a duplex in St. Paul, MN on a M2M lease (the other unit is vacant - which I will owner occupy for a year). I’m switching them over to my own lease and need to set snow and...
Greetings all. My first tenant have move out and I have assessed the condition of the property. Now it has come the moment where I have to place a value that will be removed from the Security Deposit.
Overall the pro...
I have the opportunity for a cash offer where the property has great up side once it is renovated.We can get in to the property no problem since we have the cash, the issue is how to finance the repairs and renovation...
My local market is very expensive and out of my price range for investment, so I've been investing in other markets. I bought my first two investment properties in Phoenix AZ two years ago. Both needed only minor wo...
Do you give bonuses to your contractors?
If they go above and beyond?
If they finish on time or ahead of time?
For exceptional quality or service?
So you stay at the top of their list for future work?
For working thr...
I have a house that is a two bedroom one bath property with a decent size lot. There is no HOA and the setting is such that a person would not drive up and necessarily see the roof. I really do not want to replace th...
I recently got started with my first property. I don't have a lot of contractor connections and know that I am not very handy. I don't enjoy it and know my time is best spent in other areas. I used HomeAdvisor and got...