Andi Leka
How can i improve my first duplex
2 September 2021 | 6 replies
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.
Manav Mandhani
Looking to network with Out Of State Investors!
2 September 2021 | 3 replies
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.
Amanda Thompson
Security Deposit return to bankrupt tenants?
22 December 2021 | 22 replies
Our NIGHTMARE tenants finally moved out.
David Yu
Replacing vs. Fixing HVAC
11 September 2021 | 5 replies
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.
Bon Khator
Loan for a Mixed use property
2 September 2021 | 1 reply
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
Francisco Milan
How would you approach a a builder to lease them out your land ?
2 September 2021 | 2 replies
It should be finalized here in the next year, why leasing ladn out to food trucks?
Nathan Barkocy
Norada Real Estate Turn Key Property Investments
2 September 2021 | 1 reply
Hence, I would be foolish to not passively invest this capital as I finish my final year of college.
Evan Kraljic
2nd Duplex in Minneapolis, MN
12 September 2021 | 9 replies
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.
Philip Joseph
Having trouble with my cash out, please help
3 September 2021 | 2 replies
Hey @Philip Joseph, I would ONE hundred percent recommend talking to local banks before you finalize that loan.
Riley Place
$1,276,000 Portfolio Sold - $76,000 Commission - BP found Deal
8 September 2021 | 1 reply
While this may seem like a quick process from this post, it took around 5 months from signing listing papers, to final closing day.