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Hey BP - I am closing on my first REI now, a duplex. In the inspection process I learned that both sides currently have
pets and I know one side is smoking inside of their unit, both things a violation of their curr...
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For those that live in New York (NYC) and invest out of state through an LLC, do you know if there are any additional costs to have an out of state LLC while still living in NYC?I know CA for example has a high extra ...
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Hi everyone,What is your opinion about collecting rent through electronic payments? Specifically online debit or credit card payments. Any good or bad stories? Any methods of preventing a tenant who uses a frauded car...
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I own a Duplex in Los Angeles and I want to convert the back storage unit into an ADU. I'm planning to demolish the storage and build the ADU from the ground up. The ADU is going to end up being 552 sqft and a one-bed...
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Hi-First time tenant turnover for this landlord . . . would like some feedback on security deposit use questions.We have a lease rider attached with costs spelled out for certain things that need repaired, replaced, o...
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Hi, my name is Alexander and I invest in Washington DC and Richmond on SFH units (buying rentals). I recently have shifted my focus to Baltimore focusing on small multifamily units (under 5). Below is a potential "liv...
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Hi BP, I'm being offered this note secured by a deed of trust for the following:Duplex:Side 1: 4x2Side 2: 2x1Sqft: 1,578Total beds 6, total baths 3Total Monthly rental income: $2,100Deal Details $290,000 Fair Market V...
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Hi there!I'm contemplating adding a bedroom with a bathroom into my single-car garage space... nothing major, just a simple space conversion. Has ANYBODY gone through the permits process and done this? The costs from ...
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My family and I had to relocate across the country to keep my employment. With little time, we packed a Uhaul, threw the rest of our belongings into the pole barn and left MI. It seemed like fate, in that time our nei...
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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...