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Hello! What is the typical amount that a property management company should keep in one property's reserve account? I believe I have heard around $500. I am in CA. And my understanding is that if a more costly project...
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I'll be interviewing agents next week to sell my 4 unit apartment building. What are some questions that you would ask if you were choosing a multi-family agent for the first time?
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When buying from a house "for sale by owner" should I use an agent to write the deal? The home is being sold to me well below appraisal. Will I miss anything from not having an agent write it up? This is only my sec...
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Hello BP'ers,My wife and I are looking for a new home in or around San Jose, CA and are considering "House Hacking" ideas such as duplexes, lots with auxiliary units, or even lots large enough to add an auxiliary unit...
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I currently have a SFR under contract, just finished the home/termite inspection today. There is a lot that needs fixed or replaced and I already negotiated price lot lower then asking price prior to the inspection. W...
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Hello,
My family has recently inherited a West Texas home from a relative who passed and it's currently sitting empty and I'm looking to get some advice on doing a BRRRR on it (without the Buy). This is my first ste...
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Hey, fellow investors! I am putting together my first multi-family deal and wanted to get some feed back on the best way to present the rehab/stabilization period to an investor? I have MANY multi-family spread sheets...
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I had a tenant told me someone tried to break into his house and broke the window. I inspected it and found no obvious signs of forced entry so I suspected it's either vandalism or one of the boys did it. So I told hi...
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Hello BP,Please help, I'm looking for a qualified real estate accounting to hire. My current accountant, a friend of mine who I used for years, seems to know less about the details of real estate loopholes than I do....
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I recently talked with a reputable contractor who is selling five duplexes he built in late 2015/ early 2016. They are well built, solid brick exterior, and stained concrete floor. (Very renter friendly). He is offeri...