Noam Birnbaum
What property management tasks should happen right after closing?
Hey folks,I'm preparing to close a couple deals in the next month, and will be immediately putting those units under the care of an outsourced property manager.All the R.E. books I've read talk a lot about the purchas...
Jimmy Lane
New Investor: Is this a good deal?
I am a new investor and looking for my first deal. Is this a good one? Located in Richmond, VA. class C neighborhood 2 bedroom, 1 bath, 784 SF. It currently has a long term tenant paying $810/month. Built in 1950, i...
Amy A.
"Subject to" problems down the road
I have been searching BP for over an hour, and I apologize if this topic has been covered, but I can't find an answer anywhere. When you sell a home that has a mortgage, you often have to sign documents to get your mo...
Edward Heavrin
building new apartment in backyard
Hi all,
If I built a carriage house or granny flat in the backyard of one of my rentals and let's say it costs $80k, and I pay for it with cash, what would I need to make in monthly rent for it to make financial sen...
Richard Olshove
Looking for Good Property Management who can help buying also
Fellow investors I am hoping you can help! I lead a co-op with several other investors and we are looking for SFR investment property in the Dayton.I have been trying to identify good property management that can...
Bryan Hancock
Liens As "Financing" When Purchasing For Cash
I read about the thread subject in a book from an expert last week and it made me think about things a bit. With institutional lending on a project I am assuming you will virtually always have to pay off liens at clo...
Nick G.
Insurance Co obligations after 2 undiagnosed fires
I had an attic fire this April in a rental property (NJ) I own. The insurance company investigators determined a specific electrical cause (and were starting to subbrogate) of the fire. Right at the completion of rep...
Minne Carlton
Is it ok to invest in a 3unit built in 1888
I am interested in making my first investment but I am thinking about the age of the building. What are the cons of purchasing a building this old it was built in 1888. So it's 129 years old.
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New from Dallas
Greetings Investors...
Just wanted to introduce myself as I'm brand new to the board.
I run a company called Modtown Realty out of Dallas, TX. We deal with investors from all over the country for high equity deal...
Zudith Lopez
Fha to conventional, then can you have a new fha for househack?
Can you refinance an fha loan to conventional loan, then take out another fha loan for a new multifamily househack? I know you can't have more than 1 fha loan at a time but not sure if you can have a 2nd one after con...