William Simmons
1m mobile home park
Howdy all, long time lurker, first time poster!I just ran across a MHP deal i think id like to make an offer on. Park is in southern Illinois.1M - Asking price 10,000/ month income from Tenant owned homes8500/month i...
Darek J.
First Property Update/Remodel/Turn... Who to call first?
Hello all, Yesterday I had my first tenant (inherited) let me know they will be moving out come June (the end of their lease). I have owned the property for the past two and a half years. They have been good tenants...
Desreal Shorts
My House Hack Journey: Detroit Edition
My very first post I told the BiggerPocket’s world that I am buying my first home! I started in January and boy was it a headache; An inattentive Broker coupled with Covid19 and a city wide shutdown can certainly set ...
Mark Forest
Gutters
It seems no matter how much attention I give to the gutters they are filled and the water is overflowing and doing damage. How often do you all clean the gutters, and do any of you use one of the gutter “no clean” ga...
Samuel Mallery
Estimating Rental Property Expenses -- Baltimore Area
I am looking at purchasing a home in Baltimore -- Federal Hill Area (Open to other areas that would be good for commuters, if there are any suggestions)I was wondering if anyone who has experience in this market can h...
Joe Fairless
Simple Lesson Learned From Closing on a 400+ Unit Apt Community
Earlier this month (February 2018), my company closed on a 400+ unit apartment community, which put our portfolio at over $510,000,000 worth of apartment communities across nearly 6,000 units.After closing on each dea...
Carolyn W.
Is this deal worth pursuing?
Property value after repairs $350,000-$360,000Estimated repairs ($20,000-$30,000) Balance of 1st mtg (Everbank) ($271,985) Balance of 2nd mtg (HUD) ($ 24,482)Cost to cure loans-est ($13,000)Est equity $10,533-$3...
Andrew Ramler
Rules for Tenants(duplex, fourplex)
I own a fourplex (house hacked) and am about to close on 5 duplexes. I have been wanting to make a property/tenant rule book for my property and now that I am buying the duplexes I really think it's important. I start...
Bronson Kane
Is it possible to buy a multi family rental with no money down?
I am clearly a newbie so please forgive my ignorance. Can anyone tell me if it is possible to purchase a rental with little or no money down?Has any of you actually done this?If so, How did you do it?
Jay Grabbe
Passive income in Indiana
Army veteran, in Highland Indiana. Buy and Hold.Working full time in the oil industry as a project engineer,manager.Finally took my first step this year and purchased a property to rent. Working on my second and third...