Andrea Sydle
Inherited a 3 family house
Hi all, I recently inherited a 3 family home that needs A LOT of work ( home is from the early 1900's) . There is no mortgage, the house is fully paid off . Two of the units are being rented but WAY below market v...
Kyle Flamm
First Investment Property
Investment Info:
Single-family residence buy & hold investment in Murfreesboro.
Purchase price: $184,900
Cash invested: $10,000
This property is a 3 Bed/2 Bath single family residence that we acq...
Michael Healy
Just starting from NYC
Hi everyone,I've been following this site for some time now, and I'm excited to get started with REI. I'm in contract on a 6-unit multifamily property in Massachusetts, where I spend a good deal of time, that should g...
Fillipe Silvas
Have you ever rented several rooms in your home?
I recently closed on my first home and have 2 tenants lined up to rent 2 of my extra bedrooms. This situation is what has gotten me so interested in real estate investing. I have a 4th bedroom that I am considering re...
Andrew Albert
First Investment Closed!
Investment Info:
Large multi-family (5+ units) buy & hold investment in Central Falls.
Purchase price: $560,000
Cash invested: $56,000
2 adjacent lots, a total of 8 residential units with 10 gara...
Don Chen
Tentant wants do the fence replacement
Dear BP Landlords, I have a tenant that presented me with an unusual request about the doing improvements on fence at a part of duplex that I rent out to him. The fence is ok shape currently. The fence post are still...
Jake McKeon
Selling property--Can eviction expenses add to cost basis?
Hey BP forum,After a few years of owning a rental property, I am looking forward to selling it this year. I was considering a 1031 exchange, but lately I've been thinking that if the capital gains tax is low, I may ch...
Pedro Alvarez
Growing real estate units or renovating?
My spouse and I started buying multifamily properties in New Haven, CT a few years ago. We currently have two small multifamilies, total of 5 units. We are always debating whether it is better to put our money toward ...
Ashley St. Gelais
How we live in a $300K+ home for only $600/month...
So I became obsessed with rental producing properties...When we were looking for a long term home for our family in 2010, I stubbornly insisted that we focus on duplexes or single family homes with accessory apartment...
Tom Klein
Was anyone else a carpenter or tradesman before they got started??
I've been a carpenter for 10 yrs and I'm ready to quit and start my own business. I plan on flipping houses in the Pittsburgh area. I've run the numbers on properties and even being conservative, the results loo...