Patrick Stevens
Long distance property - What do I ask my property manager to make sure they are doing a good job?
Hello! This is my first post, since I haven't posted an intro yet.I have a property in a Phoenix suburb that is managed by property management. I interviewed 6 management companies to choose the one I did.Now, the p...
Polina Goncharova
Meeting my tenants - first time landlord!
Hi BP Folks,One year since I started on BP, I've finally purchased my first Buy and Hold in Chicago Pilsen area. It's a 3 flat and is fully rented, due to my FHA loan guidelines, I will be moving in once one of the le...
Spencer Hoogveld
12-Plex Purchase Formula
Hello BP Community: I have a question about a 12-plex apartment complex that I’m interested in - The sellers are an older couple who are looking to get out of the rental business after 40 years. In total there are 12 ...
JD Barrera
I have some questions on removing Popcorn Ceilings
I'm in the process of closing on my first home which will be my primary residence and I'm looking to take advantages of the "house hacking strategies" by: 1) having a friend move in and pay some rent and 2) general up...
Gilles D.
Property management advice
Hello everyone,So I recently acquired 2 new rentals, central Florida area.One around 3rd week of November, the other early December.Both are in great areas, priced at market rents.I'm working with a friend of mine who...
Daniel Villagra
First duplex, concerning inspection report. Advice welcomed!
Morning BP community, I have an offer accepted on a duplex (built in 1905, $150k, $700/mo cashflow, 2 - 2nd/1bath, total of 2300 sq. ft. and rented out), and the inspection report has left me on the fence. Do I ask fo...
Rusty Hitt
Repatriating and want to House hack, but worry about financing
My wife and I are currently living in South Korea, and have done so since 2009. We have been employed by South Korean entities for the entire time. We will be moving outside of Chicago and looking for a MFH around 160...
Eddie Ziv
What is the maximum mortgages allowed by Fannie and Freddie?
I need an educated answer (As oppose to an urban legend)...
We all know that after the debacle, Fannie and Freddie went from 10 maximum allowed mortgages down to 4. Then Fannie went back to 10 mortgages allowed. Now I...
Ryan Saulle
First Fix and Flip in my own company name
Hey BP community!.After helping a friend do a few fix and flips taking care of the rehab / renovation part of the project, I have purchased the first property in my own Company name.I will be posting the progress with...
Eva Karnaukh
Uncooperative realtors!
Hi guys!
Need your feedback here as well as from all of the investor friendly realtors.
I am working on a new deal now... A property ARV is 210K max... Was rented for awhile, and needs at least 20-25K of work in upda...