Hello Everyone,I found an off market deal with a retiring landlord who is starting to sell off their properties. One of the packages they are offering me is two properties (5 unit and 4 unit) for 1 million dollars tot...
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Hi,I'm working on a condo deal in a medium sized building in Oregon and all the financials are to my satisfaction, however, I have discovered that the deeded indoor parking space that comes with the unit is marked han...
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I am trying to crack down on charging tenants for damages they cause (or allow). I have two primary questions:1) Do most of you charge actual expenses, or do you have a chart that lists common damages with an expense...
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I built up my runway and have the skills to buy and rehab in a desirable area near where I live and work and then hopefully rent two rooms out to roommates while saving for my next house.
I’ve been watching the mar...
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Hello all! I have never done a deal, I’m looking at a manufactured 4 plex. Sale comes with the land. It’s a cash only offer. 2 units occupied M2M and 2 vacant. I’d have to use a HML since it’s cash only. If I fix up t...
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What is everyone's opinion on Multi use developments?
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Any thoughts on this...is this good customer service or offensive to realtors?...
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Dear all BPers,
I live in Central NJ. I am looking to buy my first investment property in the area. I struggle all the time where my first property should be.
I would like it to be closer to me. However the housing...
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Hi, everyone. Quick question: What are your thoughts on purchasing a rental property in an area that has new construction apartments going up? The area seems to be on the rise, but I’m afraid that a rental property, ...
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I closed on a SFH last week. It's a small new construction. The liability on my H/O's policy is almost 4X the price of the house. Is this sufficient for general liability purposes (someone slipping and falling, etc...