Jeff D.
Calculating Operating Expenses on Multi
Hi Folks, I'm looking to purchase my first 3/2 duplex for around $275k. I plan to occupy one of the sides for the first year and already have tenants for the other side who will pay $1300 per month (tenants will cover...
Chanitnan K.
117 year old triplex
Could you please share experience of owning 100+ yr plex? I've never owned a plex, but am seeing a 117 yr old triplex interesting. Looks like it can generate a good cashflow, but I'm not too sure what kind of headache...
Garrett Olsen
Non functional triplex financing
Hey guys,
So I found this triplex that is on the market for $290,000, the seller has redone the dry wall, roof and windows. The property is an open slate to design the units how you want, the thing is that its not fu...
Claudia Garay
How much does it cost to elevate a house
Hello -I am looking to purchase a home that has been gutted after Superstorm Sandy on the east coast in a sleepy shore town with great access to major cities nearby. The home is listed by Fannie Mae as a Homepath prop...
Hope N.
Inspector found mold. Should I cancel the deal?
The bank accepted an offer on an REO condo in Chicago, but the inspector found a small patch of mold (probably the size of a fist) on the bathroom ceiling. I know 5-7 years ago the HOA paid to patch the roof because t...
Bryan McMoney
Should I continue with Duplex purchase during COVID19
Hey All, so I need some advice on whether or not this is a good enough deal to stick with it through all the chaos that is currently COVID19 in the NJ area. i went into contract on a duplex (first home I plan on livin...
Jim Mullane
NEWBIE from Hudson, Massachusetts
Good afternoon BP!My name is Jim Mullane, I'm 27 years old, and have worked in software sales over the past 3 years. A few months ago, I stumbled across the BP podcast, and I've been an avid listener ever since. Altho...
Tim Murray
Insurance/first time home buyer
What to look for when looking for an insurer for an SFR?
Debbie C.
I'm a new member in a bit of a pickle. Can anyone help?
Hello everyone,I’m in a bit of a dilemma and I just joined Biggerpockets to see if someone can offer any suggestions. I had plans to sell my old house which I’ve had for almost 40 years (yes, I am a grandmother!). Thi...
Dave Williamson
Inspection Report Advice
I'm under contract on a turnkey rental property. The inspection report is at the link below. The seller has offered to fix most or all of the issues. This is in a B neighborhood.What to you see as potential red flags?...