Phat Vi
Analysis on a 4-plex in Fresno, CA. Is the math correct?
Hi All,I am in a contract of purchasing a 4-flex in Fresno, CA. I personally don't think this is a great deal but for a property in CA, I think it is an okay deal.Fresno investor, is this cap rate and cash flow simila...
Brian Ellis
Chances of being Asbestos Vinyl Tile?
Removed that old carpet we all love... just when you think you’re going to get lucky and find a nice sheet of plywood underneath, you get stuck with this:Do any of you experienced DIYers, or contractors have any exper...
Farzan Setayesh
Syndications and Crowd fundings
Hello BP,Please share your OWN personal experiences (positive or negative) regarding Syndications and Crowdfunfing. I understand the Crowdfunding is new. Which Syndications you have personally invested that you have b...
Tammy Skeath
tenant application with BAD credit- but good everything else
Hello BP family, I have a unit that has had several applicants but all have shown red flags. The last application has everything going for it except their credit score is bad (430). She recently went through a bad div...
Phil Damjanovic
Need advice on an owner finance offer
Hi all,
I bought a duplex for $60k back in May with the goal being to make a cash flow stream, but since the market here is hot this year I've decided to see if I can't sell it. I put it on the market about 3...
Chris Rusoff
Complete Newbie from Brick, New Jersey
Hello All,
My name is Chris, I'm 26, and I'm located in Ocean County, NJ.
I came across this website through a Google search about a week or so ago and have been hooked. I really have almost zero knowledge on real e...
Brian Collins
I believe I have found my first deal and need advice
Hello BP Community,Going to look at a couple 4-plex's on Monday. They are currently listed for $39,900 and are directly across from each other, Fannie Mae properties. I have ran some numbers using the rental calculato...
Arlan Potter
No reserves necessary
I have seen a bunch of questions about reserves for things like vacancies, major repairs, and capital improvements. In my opinion, these are not relevant to my rental empire.I try to find properties that at a minimum ...
Drake Taylor
I have lots of equity but very little cash. What would you do?
I bought a primary residence (new build) in 2020 for $255k with $50k down. My residence is now worth about $470k, but I have very little cash in the bank. I figure there has to be a reliable way to use all this equity...
Kristoffer Bergen
Property Management Transition
Hey all.
I live in WA state and have several properties in surrounding Nashville, Tennessee that are managed by a very small property management company. After some recent not sitting well scenarios we want to go wit...