David Hald
DM Specific Neighborhood Question
Hey all,I am not local, but I'm looking into the next step to invest in my first rental property in DM.I am considering a property located on MLK Jr. between Forest and 19th.I have put together my own list of comp ren...
Michael Cortez
SHOULD I DO A LINE OF CREDIT ON MY RENTAL?
Hi all, newbie here with a question. I took a HELOC on my primary residence that went towards purchasing my first rental. I'm renting it out for $1400 and my mortgage is $836. From that cashflow $215 is used to pay th...
Timothy Munger
Is anybody here still building multifamily right now?
I'm trying to get a small 15 unit building built. When does it make sense to push off a project? Although things are completely nuts I don't see material prices relenting anytime soon, or if they do we will be knee de...
Michael Woodruff
How do you plan an effective marketing and plan for Wholesaling?
How would you go about an effective 5 year marketing and promotion plan?
Marcel Pean
House Hack in C class neighborhoods
Hello BP community,I would like to start investing in real estate but I live in Washington DC which is an expensive market. I found a 4 bed, 2.5 bath house in SE that I could house hack. I would live in the basement a...
Diane Stinebaugh
Springdale vs Fayetteville Arkansas for buy and hold single famil
Hi everybody! I have been wanting to buy a single family home in Fayetteville, AR for a number of years. I'm finally ready and looking at houses, but the market is so hot! What i can afford is either awful or goes ...
Walmsley Gedeon
Explanation of hard money lending.
I need to understand what hard money is and how can it be used successfully to fund your first multi family? What are the pitfalls? I just need to be educated on this as much as possible because securing a deal in NJ ...
Wayne Yahnke
1st AirBNB with BRRRR ADU is a hit
Hey BP Crew,
Just wanted to share our most recent success. We purchased a commercial property that was a residential home converted to 2 commercial units and an ADU. Essentially a duplex with an ADU. Closed in May 20...
Akhilesh Rao
Handicap Ramp in a rental duplex
I have a section 8 tenant who has requested a handicap ramp and other adjustment which is going to cost approximately $10,000 according to the property management. The tenant is currently on a month to month and has r...
Ryan Toth
Creative Financing advice for a unique property and business
Hello BP,I have an opportunity for a unique property that doesn't really fit into traditional lending portfolios and I could really use some advice for developing a creative acquisition strategy. Background: In 2011, ...