The above two publichearings, possible two more “reading” meetings and the final“vote” meeting may take you 4 months, 4 weeks or maybe just twomeetings.

Hello again, I'm finally closing on my first deal, a duplex 1 bed 1 bath each unit.Both units occupied and they pay $450 each.I bought it for 93k and it needs 15-20k rehab.I can leave it as is and cash flow $400 a month or i can fix it up a little and make $600 on each unit.My problem is that i never had to deal with tenants before and i don't feel good if I'll have to evict them.

I've identified a short list of markets and am networking with folks to help make my final decision and build out a solid team. 

Our NIGHTMARE tenants finally moved out.

Hello BP Members,I'm proud to say that I have finally closed on my first deal and I am eager to embark in this journey of Real Estate Investing.After closing on this 4-Plex I ordered an HVAC Inspection because one tenant started to see leakage from the ceiling and another complained that one of their bedroom was getting poor air flow.The HVAC inspection result showed that I would need a complete HVAC replacement which will cost me close to $40K (10K/door), an expense I did not expect to incur.

We are looking to buy mixed use property with 2 residential units and a store front2 units are rented 1 store front on the main floor is being renovated - final renovation will be dependent on the tenant Challenge is that the lower unit is not rented abs most of the lenders are looking for a lease We are not able to find financing and would love your advice Let me know what other information will be helpful Thanks

It should be finalized here in the next year, why leasing ladn out to food trucks?

Hence, I would be foolish to not passively invest this capital as I finish my final year of college.

I knew his number was off since sub 1k for a 2bed is really low for Minneapolis but still seeing that and the condition it was on final walkthrough started to plant some doubts.

Hey @Philip Joseph,  I would ONE hundred percent recommend talking to local banks before you finalize that loan.