Elsa M.
Success with condominiums?
Hi, has anyone had success with condos? Are multi family and single family homes the only way to go? I understand that multi family properties are the better way to go, but can buying and holding condos for the long r...
Nathan Gilbo
First Deal Advice
Hello,I am looking to make my first jump into the rental market. I have been doing quite a bit of reading and decided I am going to pursue an FHA loan on a prospect property.It is a 2 unit property a 2 and 3 bedroom....
Daniel Wang
Hello, I just bought a duplex and have some questions.
Hello BP members, My wife and I just purchased our first investment property. Both of us have 9-5 jobs. Here are my questions1. Shall we hire a management company to manage our property to free us some time to learn a...
Blake Hansen
Dear Agents, I'm not worth your time.
I'm just starting out. Each time I contact an agent and let them know what I'm willing to offer they usually laugh and are quick to discourage the approach. I'm confused. Like most investors I want to make an offer lo...
Mark Andrews
Depreciation basis calc
Suppose I purchase a property for $200k. Is my depreciable base the entire $200k or do I have to back off the amount that is considered land?
Jason Cummins
Generally, what do sellers pay at closing?
On a general basis on the retail level, what does a seller pay for at closing? I've heard it's usually around 1 - 1.5%, but what exactly is the seller generally paying for at a closing?
Thanks!
Tom Shaw
House Hacking a Cash Purchase
My wife and I are pretty much total newbs to the REI world, so forgive me for the potentially stupid question. There are probably a number of reasons why we shouldn't house hack a full cash purchase on a 4-plex in Pin...
Antwan Smith
Help me analyze this deal
I found a apt complex which I ran through the property analysis tool but I want check with the experts here before I decide to pass since the numbers don't seem to work. I may or may not be doing it correctly.
Here ...
Carlton B.
Change lease to include more people Milwaukee
In December individual signs lease for himself and 3 children for a 3 bed 1 ½ bath. I met the whole family at lease signing. In January Tenant Says children will not be living in the home. The tenant states he has 2 b...
Scott Boddicker
Rental Calculator Question
Looking to purchase rental properties in and around New Braunfels, TX. Been listening to the podcast and seems like the big rule is to make $150+ a month per unit after all expenses (mgmt, repairs,vacancy,etc). I'm ...