Hi! My husband and I just purchased our first multi family - a 4 plex. I would love any tips and tricks you have as we get started on this adventure as landlords. Rents are much lower than market and we plan to raise ...
In a previous thread there was a discussion (http://www.biggerpockets.com/forums/52/topics/85368-what-potential-breakables-do-you-remove-from-a-property-prior-to-renting-it) about what to take out of a rental to reduc...
Question:I'm in a Chapter 13 myself. Is it possible to still wholesale properties? I have an LLC so that's good. But, the property is never in my name; just the contract. And then I essentially have a cash buyer buy ...
Hello,
If a landlord has a property manager managing his property can he still obtain the credit history and background checks verification the property manager has conducted to vet a tenant just to verify that the m...
First time poster, long time lurker!I’m buying my 4th unit out of state (I live in Michigan) and it’s my Aunts house in Akron, OH. I’ve been able to use a HELOC and Agee to a good price and I’ll be able to write a che...
I am considering buying a home in Santa Monica as a primary residence. I am coming across small homes (3 bed, 2-3 bath, 1700-2000 sf) in large lots (7000-8000 sq ft lots). Is it possible to add another bedroom and bat...
Hi Everyone,
I am doing an inspections on one of the apartments, what should i look out for when inspecting? the tenants has been complaining about broken things around the house, is there any specific way or things ...
Just received this update from the Colorado Association of Realtors and hopefully it is useful information. And if anyone else has any additional information regarding the bill or its impact I would love to learn more...
Hi everyone! I’m a newbie! We are considering converting our LTR to a STR. Do we need to take any special steps? Is it advisable to create a LLC for this one property or purchase umbrella insurance. We are very ne...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $420,000
Cash invested: $75,000
I was the buyers agent helping my client secure a legal duplex far under mar...