Chris Penree
Opportunity or Mistake
A friend of my family is looking to get rid of rental properties he’s had for decades. There are 4 dwellings - each with two units. 6 - 1bd units and 2 - 2bd units. All fully rented - most long-time tenants. Each unit...
Heather Ippolito
Pros and Cons to paying cash for a house?
I'm looking for my first SFH to buy ans rent out. I'm looking for houses around 90-100K. Is there a reason not to pay cash for a house if I can? I know it will take longer to get my return on money in my pocket. Anyth...
Jeremy Medina
Primary residence to first rental
Hi BP family,I plan an turning my primary residence into my first rental. Do I have to switch to landlord insurance? What other things should i be thinking about regarding turning a primary residence into my first ren...
Andris Linauts
Best Locations and TKP for Out of State Investors
Hey everyone, Hope 2023 is off to a great start! I'm from D.C. and house-hacked my first 2 properties but looking to do some out of state investing in Birmingham due to the home prices here. From all my research it se...
Account Closed
Where are the Multifamilies in Maryland?
Hi BP friends,I just got a hold of Scott Trench's new book Set for Life (Absolutely AMAZING read, by the way. If you don't have it and you're a W2 Employee like myself, get it. Please!)Anyhow, Scott makes a great poin...
Adam Azam
What to do with a poorly purchased, nightmare-only duplex?
With some of my wins, came a big loss with a duplex I purchased last year. I bought it over market for $175k. I found out that an almost identical duplex next to mine is getting offers at $165k. So, I would be taking ...
Joshua Davidson
Basics of Maximizing Value in a BRRRR (4+ units)
When conducting a BRRRR of a property that a bank only allows a commercial mortgage on (4+ units), the ways to add value are much more straightforward than a smaller multi-family. I want to use this post to give a lit...
Deanne Bourne
Appropriate Prep for Selling A Portfolio
I have several residential multis and a few SFRs that I would like to sell as a total portfolio. How do I create a sales document and with what information? It isn't commercial property. Can it be advertised on this...
AJ P.
How to Refinance a Fixer
There’s a house that need some major renovations that interested me and I was hoping for some insight as to how I should go about financing (once I’ve finished the project that I plan on buying and rehabbing in cash)....
Rachel Manning
Long-term vs mid-term renting in North Charleston, SC
We’re considering a SFH investment property in the Park Circle area. Just looking for someone’s expertise if this would be better to rent long term, as this area seems to attract young families or would we be able to ...