Jason Sandegren
First House Hack. Looking for advice.
Hi all,My wife and I are contemplating our first real estate investment and are trying to decide if this deal is a good fit.About us: Late twenties, no children. Gross combined income around $105,000. Only debt is my ...
Jacob Laginess
Is this normal from a property manager?
I have a property that needs some roof work completed. My PM contacted me about it, and said that, with their "25% management fee", the repair cost would be $X,XXX. Is that normal to charge an additional fee on top of...
Tab Teehee
Help deciding on interior paint for 20 unit apartment complex
I'm getting close to having the first 8 units of my 20 unit rehab ready for paint! I really would like some input from fellow BP'rs on this subject. Here are my thoughts....
Initially I was going satin or eggshell on ...
Aaron Xie
Tenant wants to put a hot tub
The tenant wants to put a tub in the back yard. They will pay for the purchase, installation, usage and maintenance of the tub. They will also be responsible for any possible damage to the house (such as leakage). Whe...
Amanda Brown
Analyzing 1st deal . . .what am I missing
Hey everyone. I am analyzing a deal & I'm nervous that I may be missing something just from inexperience and could use input from some seasoned pros.
The plan:
Building 1 is a duplex currently rented. Building 2...
Dylan Bennett
First time Real estate investor FHA House Hack Tomah, Wisconsin
Hello, I recently purchased a duplex with FHA and was wondering if anyone had any marketing advise for vacancies our rehab took longer than desired (or Expected) and we are getting closer to winter and obviously would...
James Horton
Should I start an LLC for my first property
I have an LLC already, for a separate, future venture, and my wife has a DBA for her teething jewelery business under our LLC. We're about to move out of our primary residence and use it as a rental. I plan on continu...
Austin Cai
Tenant Moving Out Temporarily, Having Cousins Move In
Hi BP,I'm a first time landlord so I wanted to get your guys feedback and advice on this. Basically, this tenant has been living in the unit for over a year now and have been consistent with their rents. They mentione...
Jessica Beard
LLC for out of state rental properties?
Hi All,I have been pre-approved for my first investment property. I have set up a weekend with a real estate agent in Cleveland to look at some small multifamily properties (2-4 units) and hopefully I will find someth...
Ashish Yadav
REI Nation (formerly Memphis Invest)
Does anyone here have any experience with REI Nation (formerly Memphis Invest)? We have been interacting with them for the past two months and have had the following issues :-
1. Cash flow negative - On all the prope...