Michael Sockwell
Newbie - need help with rental option questions
Any help anyone can provide would be greatly greatly appreciated. Big fan of the podcasts and finally in a place to start investing. Have house hacked for years but not even sure if I did that optimally. Here is my si...
Andrew Michaud
Do these income/expense numbers work for this 3 unit multifamily?
3 unit multi-family. Appraisal value 90k, selling price 70k. 15 year mortgage at 4.5%. Down payment 20% or 14k. Annual mortgage cost $6300.Rents:2 bed $600/mo tenant pays electric and heat1 bed $550/mo tenant pays ele...
Layman Bennett
What next? Mortgage or DSCR? Or something else?
I'm looking at my first investment property and getting a mental block. I have the path to getting the property and rehabbing it. The question is what do I do after a renter is in place or I'm just done rehabbing? ...
Tyler Helget
First Investment Property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $43,500
Cash invested: $25,000
Sale price: $87,500
This was a 3/1 single family. I took out most of my 401k to ...
Joseph Powell
Thoughts on buying my first apartment building
So i still new to the bigger pockets forum and this is actually my second post. I have 2 investment properties that i rent out, with one of those being paid off. 1 of my goals is to purchase a multi-family home or a d...
Abdul Rau
First Deal Analysis Check
I'd like to mention I heavily appreciate the content and information BP provides. I am a new investor and have been looking to invest in the Cleveland / Columbus area. I plan to buy and hold while cash flowing my firs...
Morgana Wyze
Tenant grew pot, ruined downstairs, advice?
I had tenants in on a 2 year lease in CA. They paid rent through the pandemic. But when their lease was up, I wanted out of CA rentals, as they were passing legislation on rent control.. I could not do tenant inspecti...
David Hald
New Water Heater - Pilot keeps going out - costing me $$$
In February 2021 I replaced both water heaters in my duplex, since tenants frequently complained about no hot water and the units were old anyway. Expecting this to solve the problem, I was surprised when the same rep...
Alecia Loveless
Would you pay for the repairs to a property prior to closing?
I was just under contract for a duplex that needed 2 repairs prior to closing that would have cost in the $7500-10,000 range. The first was changing a small electrical sub panel which currently holds 2 fuses to an up ...
Albert Ng
HUD-VASH program in the Bay Area
Any one has any experience with the HUD-VASH program in the Bay Area? The tenant is "bottom of the barrow", but they have counselor who checking up on them once a month.