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Hey BP, I'm a bit of a newbie with investing in multi-family properties. I've been looking at properties with intentions of using my HELOC for the down payment and recently found a great deal. My problem is that I...
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I was reading about the 1% rule today where a property should cashflow at least 1% of the purchase price each month. I wanted to know how does this apply to multi families? Should it be 1% for the entire property or p...
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House Hacking...Do property managers help you rent out by room?I am planning on house hacking my first property and buying a 3/4 bedroom SFH, live in one of the rooms and rent out the other rooms. However, if I plan t...
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Here is my situation.
October 2020, Tenant A moved in.
Approx. April 2021, Tenant A sublets her apartment ILLEGALLY to Tenant B (no landlord approval, lease clearly states it's illegal to sublet).
No rent is given ...
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We have a rental home managed by a local management company in Houston. We just found out that current tenant is not someone that they had sent me for approval and they have not deposited rents that they are collectin...
Hi BP, is it possible to 1031 exchange an sfr to another sfr of lower purchase price, yet include rehab costs within the 90 or so days (can’t remember the time limits) to make it cost more? This may be a common quest...
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Hey all - I'm new to the game and am starting to get some reps with the analytics tools, specifically AirDNA. Here's a question for you all...
How much weight does the AirDNA Market Grade have when you all choose ma...
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I am located in the San Antonio areaI am a seasoned residential superintendent capable of building homes from dirt to close and working with homeowners along the way. I have established great relationships with crews ...
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I think I am stuck and can't start my real estate investing with my original plan. My original plan was to buy at least a duplex and live in one unit and rent out the other, but the lender I am currently talking to sa...
I have a conventional mortgage under my name that I got before moving the house to the LLC.Now I want to move house back to me briefly to refinance the mortgage, because conventional lenders do not lend to LLCs. After...