I have a 3 unit property, 2 units were rehabbed last year and are rented out. The 3rd unit will be rehabbed this year. If I am putting in X amount of dollars and expect Y amount of Dollars, is this a scenario where I ...
I’m curious to know what was YOUR financial situation like before your first FHA 203k loan. Also, what numbers should I know before I go out and purchase a duplex using a FHA 203K?
My father recently passed away with all of his assets in trust to to be divided equally between his three children. I am the executor of the estate and I am buying my two siblings out of their interest in the home. ...
Hey BP!After listening to RE podcast episode 425 about “Who not how” and reading the book, I’m inspired and now looking for some help. I currently own a triplex and am under contract on a 4-plex in Salt Lake City. I c...
If I have a house that's too big for me and I want to househack and rent it out to a tenant but want privacy and no shared space, is it legal to put up a dividing wall and possibly another external door so the house i...
Hey All! For those of you starting out, it seems like terms and equations for rental properties is like speaking another language, especially if you are not good at math. I typically type these guides up myself but w...
I live and own one side of a duplex and intend to move and keep it as rental property when it is paid off. The back section of the roof is shared with no division, just one continuous roof. Over a year ago, I notice...
Hi All,I (fairly) recently purchased a SE home in R5 zoning with an underlying lot line running through it on a corner lot. It's around 5700 sq ft (100 x 57) with a small house pushed off to the non-corner side of th...
Hello BP family and Merry Christmas,I have a SFH LTR in Deland Fl recently vacated at end of the lease. Owned for 30 years free and clear with approx $600+/mo cash flow. We live in WNC now and trying to decide what wo...
My friend wants to sell 10 acres of land in Somerset Tx.
My question is, if I'm able to purchase the land for around $70-100K how would I go about dividing it up to sell as individual acre or 2 acre lots? Questions ...