I picked up a house at a tax sale for $1,500. It is a small 2 bed/1.5 bath. The owner before me was renovating but then just walked away from it. The house has a new roof, new windows, and new drywall in the living r...
Does stashing away for vacancy really mean anything? The idea behind stashing for maintenance and Cap-Ex make sense, but for vacancy, say you start out with a new rental, and you put away 3-5% for vacancy per month. L...
Hi all,My family is purchasing a lake house as a vacation home, and I wanted to get your collective advice regarding whether and how to screen tenants. By way of background, my wife and I are working professionals an...
Hello,
My wife and I recently bought a house in Seattle. We are living in the top half, and are just finishing up some work on the basement unit so we can rent it out. I am hoping for some advice, or links I can go t...
Greetings All!
I’m brand new to the forums as well as being brand new to the business. I’m really looking forward learning from the collective wisdom from the members of BiggerPockets; someday I hope to be able to p...
Hi guys,,,I've been flipping houses for couple of years now and would like start transition to syndication of multifamily units. My question is how would you structure a deal such as this. For example down pay...
Hello BP community, I'm going to give some background information to help you guys understand my current platform and where I stand. I am a travel nurse currently working in San Diego up until April. I have my primar...
This is in a property I just bought and I was aware of the problem and have a few ideas how to fix it, but would appreciate your input. This mold is in a bathroom with no windows so the vent is supposed to turn on a...
I have a duplex I am considering putting an offer on. The only problem is we want to do an FHA loan with owner occupy. There are currently tenants in both units and the their leases expire in July. They are long te...
Hi Everyone,
Just kind of wanted get everyone's opinion on this. I am putting offers on some of my first houses in Maryland to flip. I just wanted to hear some of advantages and disadvantages to having a general cont...