Trina P.
liability insurance on first single family rental
My husband and I just made our first property purchase. We are buying in Alabama and live in California.We are going to postpone getting an LLC until we get a few more properties. Being out of state a lot of the insur...
D J Burand
Any advice re: additional app w/ service pet= 1 too many pets.
First post here, but I'm hoping someone with more experience can help me out with some advice on a new situation (to me anyway).I own a fourplex in Anchorage, AK. One of our tenants is asking to add an additional app...
Ron Averill
Creative mathematics for deal analysis
I live in a college town, where both rents and property values on rental properties are stable and relatively attractive. It seems like it should be a great place to own rental property. But when I run the numbers ...
Chris Sweeney
Converting a Spare Bedroom into Office Space
Hello Everyone,I have a 4-plex that has a spare bedroom off of the second floor hallway. It's 104 square feet, bright with 2 windows, and has no rooms adjacent to it (only the hallway) so it's quiet. I'd love to be ab...
Vicky Yu
REO property that has no permit on addition
Newbie here, I just bought a SFR in N CA from Fannie Mae. It's a 3 br 2bth as well as addition(2 br right on the patio, attached to the house). Seems to me a lot of REOs in my area are like this. I just want to know i...
Erik Schubert
Next financing move
I want to make another move, but I'm nervous about mortgaging myself too much, then come the day I want a house of my own, I can't get one. I have one 30 yr mortgage on my plate right now. I can live in my rental for ...
Cody Montgomery
BP Masterminds, Pick this apart!: Good MF Investment or What?
Curious as to how the BP Community would analyze this property mixture....We're looking at a single property (3 standard lots) with multiple income-oppurtunites on site that had previously been reserved for family/fri...
Nick Schultz
Sell, Rent, HELOC or Cash Out Refi?
Hello BP!I bought my 1st house in August 2018 for $268k. It was a 4/1 that I converted into a 3/2 with a master suite. My latest appraisal came in at $340k just last week. I want to make a move for my 2nd property but...
Josh Benjamin
How to finance a Fix-and-Hold Duplex Househack?
I’m about to get in contract ($1.351M) on a duplex in Oakland. It needs additional ~200K in reno to unlock $5200 income. I would live in a unit as primary residence.
Talking to lenders about Hard Money to get title. ...
Frank Agyeman-Duah
Water and Sewer bill going up every month
My tenant lives with her two grown up daughters who may be in their 40's. Tenant notified me about 4 months ago that her grand daughter and her son will be joining them for two months. The grand daughter and her son h...