If a potential tenant approaches you about Airbnb rental arbitrage, you may wonder if there’s a catch. Are you responsible for damages? What if you encounter a noisy guest? As a landlord, there are all kinds of pros a...
Steve Gardiner
Does it make sense to build additions on rental homes?
I just bought a new property and I was wondering if I was going to rent this out, what repairs should I make in terms of the roof and should I add an addition?The roof looks in relatively good shape (I don't know the ...
Ryan Miller
Lease question: family member needs to stay for a few months
I have a tenant that’s been renting one of my properties for years. He asked me today if his sister can stay with him for the next 4 or 5 months. I have no problem with his sister staying with him but wondering how I ...
CK Hwang
Survey: Your standard approach to un permitted additions
Hey everyone, I was just working on my company's standard operating procedures and wanted to run a quick survey for those of you who flip.
For homes that have un permitted additions what is your most likely c...
Sartaj G.
Paying cash and then refinancing into 30 years fixed. Possible? Pros/cons?
Hi all,I am new to RE investing and recently bought a few SFHs from the same builder. I realized that builder gave many more incentives when I paid cash vs when I used an outside lender (builder’s price with their len...
Juan M Restrepo
Can I use a 203k Loan to Build an additional kitchen ?
Hello guys,
I was wondering if any of you guys had any experience with a 203k loan. I am wondering if I can roll the cost of building an additional kitchen in a finish basement as part of the loan?
Brandon Seyferth
Is This a Good Analysis? Advice Appreciated.
Hello there. I'm a newbie investor, hoping the great community here can provide a bit of feedback on my analysis of a two flat in Chicago 60659 (see image). The units are already rented. I plan to leverage a heloc on ...
Phyllis Kelly
Regarding Mortgage Loan Credibility
TIA for all the advice and opinions, this forum is always so helpful.I am wondering about acquiring additional loans going forward. I purchased my first rental property (duplex) in October of 2021. It was a house hack...
Ben C.
Allowances on building project
Hello,I was wondering if construction allowances (found in residential construction bids) are part of the contract price or in addition. For example, let’s say contract price is $200,000 and there is a $10,000 kitchen...
Jackie Liu
Sewer Utility billing question
Hello BP members, So I have a property in Camby, Indiana where sewer is managed by the Tri-County Conservancy District which is billed separately (flat $64 per month) and can't be transferred into the Tenant's. I was ...