Wade Stahle
building all cash and selling seasoning period?
Hi BP,I am interested to know if there are any seasoning requirements after a new construction is built. Here's a few key points about this specific case.- Land is completely paid for- All work will be done be sub con...
Courtney Radmall
Good areas to invest in duplexes in Cleveland area
My husband and I would like to buy our first OOS property and want to buy in Cleveland. We would like to buy a duplex in a Class B area so that it is easy to manage remotely with a property management company. What ar...
Devin Woods
Property Management Responsibilities
I have a question for those who have extensive dealings with property management companies.
Would you expect, as an owner, or is it common for the 3rd party PM companies to perform inspections of your properties for...
Svetlana Kazantseva
Got out first out of state deal! Next steps?
Hi BP community! It's a huge day for our family, an offer on our first investment house has been accepted by the seller! We had such a hard time competing with cash buyers in Kansas City, MO. Now I'd really appreciate...
Stephen E.
Move Out Inspection with Drug Dealer?
I have a tenant who is moving out after having been busted with a large amount of drugs (approx $10,000) in the unit. I had started eviction proceedings against him but it seems he has moved out in advance of that ta...
Elijah Marotta
Landlord shut off the electricity
Hello Everyone,This is my first post,so be nice!!!I'm gonna try to make this short, but bear with me, it has alot of moving parts.My sister met this guy, became pregnant, we lived about 45 min away from where the BF l...
Ben Mizes
Just went under contract for my first 4plex. How'd I do?
This is my first real estate investment. I'm excited to get going, but want to make sure this isn't a bad idea before I close.Purchase Price - $220,000 and $5k back for closing4 occupied units - $635x4 = 2540Financing...
Chris Rose
Weird Listing Agent Contingency
I have been working with a real estate agent on a potential flip property. She contacted me today saying the listing agent said that the potential buyer would have to buy the property with cash or conventional financi...
DongHui Patel
Please rate my deal- 8 units in Long Beach 4.8% CAP
$2.415M Purchase PriceDown Payment: $750k (including closing costs)70% LTVArea: C but gentrifying Condition: B- Potentially subject to LA COUNTY RENT CONTROL 3% cap. But historically raising 6-10% annually. Rental Re...
Luis Felix
Turning a single-family into a multi family in Seattle Wa
My dad is selling one of his two properties in the Phinney Ridge District of Seattle. I have tried to talk him out of it, but that’s a whole other topic. My question is, can my dad add a second unit to his single-fa...