Harold Hanover
Bend Oregon investor
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Cash invested: $120,000
Home with mother in law studio. Two units.
What made you interested in investing in this type o...
Ken Lagana
Boom or bust? Is now a good time to own rentals?
Just reading an article today in the wsj: https://www.wsj.com/articles/u-s-existing-home-sales-dropped-in-september-1539957950?emailToken=a8fc719ae9f6d54df13e655f7c48f09aqvJ1ILIMG5gL0mjK/c26HRAAXnV3Z8zIp/E42QWlffFMFiv...
Marcus Brown
Do values of small multifam (5+) boom & bust like SFR?
If SFR 1-4 units are based on comps and multis are based on the income they produce, when the market corrects, do the multifamily properties take a hit in value like SFRs?
Joshua McGinnis
My first out-of-state turnkey was a bust (sort of)
Just thought I'd share a story for any others out there considering buying a multi-family out-of-state, sight-unseen, from another BP member who markets and manages properties.I found a deal on the BP Marketplace in t...
Will Gaston
Do You Think My College Students Tenants Busted this Floor Joist?
All:My handyman just called me and said that a floor joist was split underneath one of my college student rentals. Five guys live there and had friends over for the Super Bowl on Sunday night. They claim it was only "...
Michael G.
Interesting article - Home-price index at lowest point since 2006 bust
Some would say this is great news for investors. I would think lenders are using this index to determine if they should let properties go at a deep discount or not?
http://www.miamiherald.com/2011/05/31/2243263/home-...
Jeff Dixon
3% Down Concentional Loan
My wife and I are considering taking advantage of a 3% down conventional loan to buy a multi family. However, it’s my understanding that you need to move in within so many days after taking possession of the property....
Jordan Venjohn
Any REI form Casper, Wyoming? Or Area?
Just looking for a conversation with anyone who has done deals of any kind. Ive read and watched "plenty" about this business hours upon hours... but would like some good ol fashion "chit chat" about your beginnings. ...
Saurabh Joshi
Basement flooding coverage-Need Advice!
I own a house with basement in the midwest. The insurance -"rental dwelling policy" does NOT cover basement flooding due to sump pump malfunction or sewer backup. I called few companies but no one is able to help to a...
Ashan D
Is Texas due for a correction?
I am most interested in investing in the Texas market but the major metro areas I'm looking at haven't fallen in value like other parts of the country have. Do you guys think a correction is due? I have heard that tex...