Mike Brown
Will I Basically Break Even on a Duplex If I Live in One Side?
Here goes. This is my first forum question and I hope it's not a dumb one. I also hope I posted this in the right area. So, I would like to buy a duplex as my first purchase. I live in Iowa where there are some dup...
Jeff Macdonald
California county Tax Sale/auction
Hello! My county has a tax sale coming up and I'm trying to do my due diligence and learn more about the process. I have received conflicting information about whether it is necessary to get a title report for a prope...
Robert Walters
Creative Financing For 6 Unit - Taos, NM
Hello,
My wife and I are under contract on a 6-unit property in Taos, New Mexico. The property is a former bed amd breakfast recently converted to long term rentals. We are weeks away from our closing date and the le...
Lacey A.
Raising Rent or Holding onto Good Tenants?
Hey there! We've got two leases expiring this summer in the Austin, TX area, both with good tenants.We are a few months out but already considering how to address the next lease cycle. Are you a landlord? Given the ec...
Dan H.
National City sets rent control on mobile homes at 5%
The proposed new law requires a second reading before becoming law. Maybe the politicians will demonstrate some intelligence and kill this ill advised law, but I suspect not.My view is the politicians are stupid. Th...
Ryan Hourigan
Invest in first rental or buy a primary residence first?
Hi BP community,Would you advise I own a primary resident before I get into real estate investing? I would eventually like to get into the LTR space and build a strong real estate portfolio. My family and I are curren...
John Perry
Disaster At Sheriffs Sale
Yesterday I did something incredibly stupid. I was bidding on a house at a Sheriff's Sale online. During the auction I went to increase my bid and accidentally ended up bidding on the wrong house (I know baffling). Tu...
Sam LLoyd
Tenant is still in the property after their move out date
I'll try to make the story short. Tenants gave proper notice to be out on the 30th. I have a new renter signed and ready to move in by the 15th of the next month. Former tenants are buying a house, but the closing ...
Account Closed
Mail letter or call for off market fourplex? WWYD
I have a ton of addresses of properties I am interested in for my first investment. We are going to use FHA.I have found phone numbers for most properties. Whether or not they are good numbers is a different story.I h...
Brandon Avedikian
Salvaging a flip gone wrong
I am currently trying to flip a property in Dallas. I am going to lose money for sure, the question is how much. I am considering trying to rent the property out for 6-8 months if it does not sell within the next mont...