All Forum Posts by: Josh Brosius

I’m rehabbing my first rental and I’m running into some issues that have varied opinions when I research it. I have a super small bathroom on my first floor I’m going to fix up while I live in it. It’s only a 6 by 5 bathroom with barely and space to move but I think it work. The bathtub/shower has a window on the one wall opposite of the shower head but is frosted so you can’t see in. Because of this I would have to cut the pre-fab shower wall to the window. My question is should I tile or do the pre-fab. Tile looks better but it’s a rental and would need the tenant to help maintain which I don’t want to rely on. I do agree it would look a lot nicer though.

I’ve been looking for multi family/ duplexes in my area for awhile. Anytime something comes up the offers come flying in from this competitive market. I heard on a Bigger Pockets Podcast that another way to look for multi family is to look on Craigslist and see who is renting out. Ask them if they would be willing to sell the property out of hopes they are sick of trying to get renters. I thought it was a good idea but my question is how would I word the question to someone. Asking if they would rather sell the property rather then rent it out. Thanks for the help BP community

I’ve been looking for multi family/ duplexes in my area for awhile. Anytime something comes up the offers come flying in from this competitive market. I heard on a Bigger Pockets Podcast that another way to look for multi family is to look on Craigslist and see who is renting out. Ask them if they would be willing to sell the property out of hopes they are sick of trying to get renters. I thought it was a good idea but my question is how would I word the question to someone. Asking if they would rather sell the property rather then rent it out. Thanks for the help BP community.

Hi, I'm a 22 year old who has been looking on Zillow for the last two years for multifamily duplexes in my area. I have finally found one that is worth investing in. The asking price is 80,000 but it is worth 150,000 minimum after rehab. The thing is I'd have to FHA and don't have money for the rehab. I don't think I'd qualify for any high loan. What is the best or safest way for me to find/get the money for the rehab. The BRRRR strategy is what guidelines I'm trying to follow. After I rehab I'll refinance to get money back but I don't know how I'd get the money to rehab. New roof, furnace, siding, etc. I'm itching to get this property because it's the only one I've seen that I know is worth it.

Where can I search for REO houses? Thank you for the reply. Exactly what I was looking for

I am looking for my first house and have an interest in building a multifamily portfolio. As I'm looking on Zillow for an idea on prices of local houses, I see a lot of foreclosure homes that I like and have listed on Zillow for over a year. I heard you get foreclosure homes at a bargain price sometimes. If so how does one go about getting to buy these homes. I live in. New York and know there is a process to getting a foreclosure home. I'd like to weigh all the options for buying a home and find what ones best. Any help describing foreclosure and how to get one would be greatly appreciated!

I'm 22 years old and looking to buy my first house. I want to buy a multifamily less than 4 units and have the other units help pay mortgage. The question I have is I see duplexes up for sale around 100k but I see foreclosures that need work. I hear foreclosure are cheaper and will always need work. I know that the first one I get is going to be a fixer upper no matter what cause I can't afford the maintained mulitfamilies. Should I look into foreclosure for multifamily or stay away? How do I go about it?

Hello bigger pockets community! I'm 21 and have been saving for the last 2 years in order to invest in a multifamily. I will try the house hack living method and thus will help open my investor portfolio. I can either buy the house now and only have $3,000 left to my name but be able to afford the home. I wouldn't be able to fix it up right away nor have a security fund if anything goes wrong. Option 2 is to wait for my bank to help match my savings. There is a first home buyers club that if you save in there saving account they will match you up to 7,500. After 10 months you must use the matching money or it's no longer available. So it's a certain time frame to use it. Which is an amazing deal but this multifamily that is available now is what I've been looking for over two years. I'd be living for almost free but the down side is I won't have a security fund/money left over for repairs. Thanks for the help! Any questions I'll gladly answer. Need all the help I can get

I'm 21 and out of college with a full time job and saving for a down payment with help of a grant from my bank. In ten months the bank will match up to 7,500 dollars that I save which I plan to use for a down payment. I would like to live in a duplex and house hack then rent it out when I move to my own home. The dilemma is I have been looking for over a year now at what is out there and there aren't many small multi-families for sale in my area. Especially ones worth buying. I ask should I try doing single family rentals. Buy a house, fix it up, then rent it out or should I keep looking for multifamiles. I'm not in the hunt for get rich quick but to build wealth for my family when I'm older. My future self. I would love to get my rental portfolio started anyone way possible. Thanks for the help

I'm 21 and out of college with a full time job and saving for a down payment with help of a grant from my bank. In ten months the bank will match up to 7,500 dollars that I save which I plan to use for a down payment. I would like to live in a duplex and house hack then rent it out when I move to my own home. The dilemma is I have been looking for over a year now at what is out there and there aren't many small multi-families for sale in my area. Especially ones worth buying. I ask should I try doing single family rentals. Buy a house, fix it up, then rent it out or should I keep looking for multifamiles. I'm not in the hunt for get rich quick but to build wealth for my family when I'm older. My future self. I would love to get my rental portfolio started anyone way possible. Thanks for the help