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I'm a buy and hold investor and I have a question about cash reserves. How much is enough?
We have 2 and soon to be 3 (closing on December 3) SFRs. One is rented now and the 2nd one should have a tenant in it...
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Just musing ahead 10 years or so.With states now mandating the phase out of Gas/Deisel cars How are MF owners going to attract and keep tenants that will now have EV's in the next 10 to 20 years ? Of course home owne...
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Hi everyone. I was just curious how you gained experience doing home repairs and upgrades yourself. I would hate to screw something up and have to bring in a professional after I already spent all the time/energy.
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I am considering a homestyle loan in order to allow me to rehab a property without coming up with not just the rehab cash, but also the purchase price. I'll be putting only 20% down.I Understand that I will be able to...
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I just closed on this 3 bed 1 1/2 bath 1152 sq ft house in Chapel Hill NC. Found it on the MLS listed for $125K. I offered $107,500 thinking that that was a really good lowball offer and they said yes! Comps around th...
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Hi BP Community!Recently, I’ve been thinking about purchasing a 2/2 SFR with a garage, and converting the garage to a 3rd bedroom.I think this is a good strategy because you can purchase a home at a cheaper price (com...
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Would anyone be able to give a quick breakdown of the various costs associated with planning and building an ADU in either your backyard, or as a garage-conversion in California? I'm talking about modest-sized JADUs o...
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Hey all,I recently came upon an interesting opportunity to purchase an 8000 sq. ft. 20 bed 7 bath retirement home that I plan to turn into 6 apartments. I figure I can get the property for $210,000 plus closing costs...
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Hey guys,I'm looking for my first large multi-family. I come across one that is in my sweet spot as far as location. Exteriors are in good condition. Interiors are very dated, a couple of units have been completely re...
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Hey PBers.I'm a little scarred from tenants using my nice SFRs to build grow houses. It has only happened once, and through amazing luck, they turned out to be the nicest drug dealers ever and helped pay to remediate ...