Investment Info:
Single-family residence buy & hold investment.
Purchase price: $490,000
Cash invested: $40,000
4 bed 2 bath home in downtown Salt Lake City. It needed small fixings but had a mot...
I am looking at purchasing a property with a large mother-in-law suite. The property is not currently zoned a multi-family, however I see in the market that many people rent out their MIL suites.
It is stated...
I am considering buying my father in law's home and renting the property out. The home needs a new roof, mold problems, electrical problems, basement floods. There is a mortgage for $49k. Comps are $150k-$200k for res...
I have a detached garage that I plan to convert to a small studio, to list on Airbnb. It is legal and within regulations where I live. I could use cash to finance this, but I'd rather use leverage. These are the metho...
I have an in-law (Aunt) that works as a full time agent in Atlanta and am conflicted on whether it's the right way to go in listing our personal residence and buying our new one.She is full time and seems to have done...
My in-laws agreed to let me rehab their house in order to sell it at a higher market value in Southern California. We’ve agreed that they’d get “X” amount upon the sale, while I’ll get the rest.
What is the best rou...
Hi All,I'm looking to brainstorm with the BP community on something I experienced this past year on the real estate brokerage side of my real estate obsession. The situation: I represented a client who was selling a h...
Hey everyone I am trying to get into my first property and I have a dilemma. I currently have a triplex under contract well below appraisal value but I am reluctant to close on it because it was built in 1920 and even...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $220,000
Cash invested: $5,000
Purchased a mostly turn-key property with a main house and an In-Law detached...
Hi BP. This post is my first action towards building a real estate portfolio, so please be forgiving if I sound like an idiot. My father in-law owns a property his son has been living in for the last 10 years. The hou...