Just a question out of curiosity. I’m a novice investor trying to get good at the analysis report. My question is, Is it normal for expenses to go up when your house hacking ? Aren’t Expenses meant to decrease?
Hello everyoneWe are in NJ and currently in the process of looking for a house to move out of the current rental apartment since our kids need more space and the tenants downstairs from us have already complained that...
We are currently under contract on what will be our first BRRRR deal. We own a 4-unit already that is slowly being rehabbed. We had the inspection today and had a contractor come out and there are foundational issue...
Hello, all.I am collaborating with a chief manager from an investment group on submitting a reconsideration letter for an EIDL loan. In their denial letter, the SBA stated that the business activity of the investment ...
Hey BP Fam. I have a tenant who was giving me a hard time about the amount of deposit money I said he should receive back. He was threatening legal action etc. We came to an agreement of terms, but before I give him a...
Good morning,I'm looking at lease options and the relationship between the purchase price and the monthly payment that I would be paying to the seller. I know typically for rentals we use 1-2% rule(initially)but with ...
I noticed a couple of higher than average expenses in my monthly report (locally managed SFR in Lithonia GA):1. Deep cleaning and sanitization (COVID19) - $4002. Removing trash and debris (after tenant leave) - $2503....
Article by REALTOR Magazine today.No-Eviction Rule Prompts SquattingI predicted this the minute the very day they announced a moratorium on evictions. Why does this surprise anyone? It's like announcing there won't be...
Hi, I'm a new money investor in RE trying to make some money and learn how the process goes.
My partner and I are engineers with good enough salaries, and were thinking about making an investment on a 400k property i...
Hi there, I’m looking to purchase a 3 units multi family in Providence, RI with my friends. My friend will live in the house as a primary residency. However, she is not qualified for a loan as a server. I’m living in...