Skip Gilliam
Starting with an apartment building instead of SFH for first?
Im just starting out on this venture and I'm still reading and gaining as much knowledge as possible on investing in rentals. Still trying to figure out my plan of action. The more I think about it the more interested...
Shaozeng Zhang
Pet Policy Inquiry for Rental Property
Hello all, In my rental ad for a single-house real estate property, I have stated that pets are allowed, with a weight limit of 25 lbs. Does this criteria restrict the number of potential applicants? What is the prefe...
Austin Negron
Using a Gift to Pull Off Househack
Learnt some interesting stuff today. For using an on 3&4 unit MF, you cannot use a gift as cash reserves. I believe you need at least 3 months of cash reserves (at least according to 1 lender). BUT! You can use th...
Garrett Mistretta
Property Depreciation Speed
Hello! So I have a few questions for the BP community. I am currently trying to learn more about depreciation. Is the speed at which the property depreciates faster for larger properties? Is the standard 27.5 years re...
Doug S.
Kitchen Tiles, 12" vs 16"
Hello All,
I am remodeling my condo in Chicago with the intention of renting it out in a couple of months. It is only 650 sq ft and the kitchen is about 70 sq ft.
My questions is, which size floor tiles should I ...
Tom Del
Appraisal came in way under for FHA buyers
I am selling my house for $299,000 as a FSBO and the buyers are pre-approved for an FHA loan. However their appraisal just came back for $266,000 which I believe is incredibly low for the home, the neighborhood, the m...
Dennis Meints
STR by room - guest safety & interaction
Hey BP team,
I have several Airbnb's that I run in Saint Paul MN and I'm looking to actually do more with a 4-plex that will house medical professionals traveling in on contracts for 30-90 day leases (technically out...
Sateesh Kumar
Three SF vs Three homes in one lot which one is better?
Hello,which one is a better option?Three separate single family homes vs all three homes in one lot? What are some pros and cons.Thanks
Dennis Nikolaev
Maximizing MF-33 Lot capacity
I'm a first-time developer. Develop and hold strategy. I'm in a process of buying a tiny multifamily plot just outside of Downtown San Antonio.I plan it for small units to serve young professionals.According to zoning...
Michael Hayworth
1031 Exchange Into a Property Already Under Contract?
I have a mid-size mult-family unit under contract. There is an opportunity to sell one of my existing 4plexes quickly through a wholesaler to help with cash flow. Is it possiible to 1031 that money into the purchase o...