Nita Martin
Should We Purchase This 100 Year Old SFH Turned Into a 4-Plex?
The Investment:My husband and I have put in offer on a 5,000 sq ft, 100 year old SFH that was turned into a 4-plex with an efficiency apartment in back. It is a lovely property in a historic district, and we are lite...
Robert Mayo
Smells like a rose or a fish?
The numbers on this deal seem excellent, but I need help on due dilgence. This smells fishy to me.
Tri-plex with 1/1, 1/1, and 2/1. Rent $400, $400, $500. REO asking price $35k, located in neigh...
Charles Chester
Mobile Home Park Development
I have been considering getting into the development of mobile home parks. A piece of property came up for sale in town that has the right shape for it I think. I have attached a PDF I did earlier today for review. ...
Eric Wallace
Looking at a mobile home from 1972. What should I be concerned about?
I have no experience owning a mfg home. It is a 3BD, 2BA home with about 1300sqft, a detached garage on an owned lot so no lot fees. Structurally the home seems sound and looks like mostly cosmetic work needed. My ...
Account Closed
Lead Based Paint Issue with Tenants in Place When Purchased-No Signed LBP Disclosure
I recently bought a duplex to live in one unit and rent out the other. The other unit was already rented when I purchased the property. I bought it in November the tenant's lease is up at the end of July, 2013. I j...
Ryan Devine
What to ask when buying a rental
I am looking at purchasing my first rental unit, more specifically a duplex or triplex. What types of questions should i be looking to ask? Basically all I understand is that I want to make sure I stick to the 2% rule...
Brian R.
Old (lead?) paint question.
first posting here!
I have been a silent consumer of BP (I didn't feel I had anything to offer until I got started and my feet wet, and instead of asking my own questions I search for others who ask the same as I had ...
Ashley Zhang
Need suggestion, should I buy it or walk away?
While I am looking for my first deal, my broker brought this property to my attention. First look at the property, I thought it was a smoking deal, however after walking through the house and meat the renters, I am he...
Keilon Morton
Should I keep my properties in my name or use LLCs?
I am a real estate agent and have begun working with investors. I have a client that has purchased 4 properties and we are working on a deal for his 5th. Should he create an LLC at this point to protect his personal a...
John M.
How much would it cost to build this house?
Hi everyone, I'm curious if there are any developers that could price the cost of building a 5 bed, 4 bath at 2200sqft? I'm attempting to understand the economics of buying a home, knocking it down, and building it u...