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Hi BP Community, I just purchased a foreclosure in Walton, Upstate NY as a getaway from NYC and while I knew the roof needed to be fixed, I just found out that some areas of the roof need to be entirely replaced as th...
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Hello,How do you handle non-responsiveness from tenants regarding not-so-critical issues. E.g.,1. If the tenant does not clean up large trash items in the backyard despite repeated requests. The contract says - RESIDE...
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I recently closed on a duplex with the intention of moving into the vacant unit (I inherited a nice-but-always-late tenant, which I'll ask about in another post). Since I am moving in, I was able to get a conventional...
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In a market like southern California where the cap rates are for the most part under 5% it has been very difficult for me to find any type of MF property that meets the 1% rule (rents being at least 1% of purchase pri...
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In a market like southern California where the cap rates are for the most part under 5% it has been very difficult for me to find any type of MF property that meets the 1% rule (rents being at least 1% of purchase pri...
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I don’t own my primary home outright. However, the purchase of the property did included three separate parcels on one deed. My question is, can I use one of the separate parcels as collateral for a construction loan ...
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Hi, I need some help with a rehab. I had a foreclosure that I had rehab'ed and it was rented for a year. Now I am trying to get it re-rented and the crew noted that the ceiling paint which was just redone last year,...
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Hi! It's the first time I am going to be buying investment property in the States. I read about Residential Building Codes, which consist of hundred or thousands of pages and is updated almost yearly, differing depend...
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Good day all,We have an apartment we feel needs renovated/updated. The tenant's lease is up as of now and they're currently on a month-to-month. Are there any restrictions or processes we should adhere to in order t...
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I'm curious... In 2021, did your deals adhere to the 1% rule?