Akram A.
Buying as owner occupied and renting it out?
Hi All, scenario: what if I buy a triplex or four plex as my primary residence with the intention of occupying one of the units therefore putting a lower down payment etc. but what if I don't like it and change my min...
Account Closed
Please help me with my next offer
I submitted my really low offer, along with the short sale addendum suggested by the listing agent, who is also mine, and got a verbal rejection/counter.
My offer was a little less than 50% of what I think ARV woul...
Ingrid Poole
Investment Analysis on Duplex in Central Florida
I would love to chat with some established investors about a duplex deal that I'm analyzing in Polk County, FL. Estimated current market value is ~$26k, listed for $32k. Needs approx. $26k-$30k in repairs (roof, A/C [...
Oscar Macal
Recommendations for business entity in TX?
Hi all,I'm trying to decide what the "best" business entity and/or strategy would be to purchase rental property? I have saved up the funds I need to buy my first SF rental property and want to know what is the best w...
Nick Brown
1st attempt at house hacking
Happy New year everyone! I'm from the Westchester area in NY. A friend mentioned to me about house hacking to get into ownership rather than renting. I don't have much put away but have great credit in the high 700s. ...
Luke H.
What to do with tenants after the flood!
I'm in Houston, Texas and have 2 houses that flooded. The tenants do not want to move out. I've told them that I would replace the sheet rock in affected walls, clean the floors with disinfectant and replace the carpe...
Randy Walters
Parents looking to downsize? Buy their house with owner financing
Hello BP, I'm fairly new to the community. I had some questions pertaining to owner/seller financing on your parents home. All the other forums I found simply spoke to "why you shouldn't rent to your friends/family"...
Michaela Cephas
Airbnb Based-STR: To Buy or Rent
Hi! I am currently a new homeowner who put $80,000 down on a $200,000 house in Greensboro, N.C. I have just recently gotten in to short-term rental via Airbnb. My first full month I made enough to cover the mortgage, ...
Ibn Abney
How to Value Properties which need a MAJOR Rehab?
Hey BP,Need some advice. Actively looking at multi-families (2-3 units) to rehab and eventually rent out.Starting to feel my offers are too low as I haven't gotten much traction on 5 offers.I of course take ARV - Esti...
Peter Hogan
Common BRRRR Mistakes?
Hi everyone! I'm getting ready to tackle my very first BRRRR and I wanted to see if the community could share some common mistakes to avoid? I have only purchased turnkey properties in the past and I'm looking to lear...