I currently manage 7 rental units and have been thinking about installing some home automation devices to better help manage the properties and receive alerts.   Idea 1: we pay for heat in one of the buildings. I have...

Ask any question regarding multifamily lending with Fannie and Freddie. Topics may include proper expense guidance, COVID-19 escrows and their releases, net worth and liquidity requirements or non-recourse elements. I...

Closing on my first property, a 4-unit multifamily in Phoenix.  At inspection it was noted that one of the units wasn't in the best shape.  The lease shows that $350 was collected for the deposit.  During the appraisa...

Hello BP Community! A group of investors and myself are looking to diversify into the short term rental market. Our focus is an STR out in the ski resort areas of Colorado. In particular, we’d like to focus our attent...

Hi there! I'm looking to hop out of the corporate rat race after having been laid off twice in the last year. I am currently in California and am looking to get into real estate investing and would love your thoughts ...

I currently am working on finding private lending, but have found it easier to obtain hard money loans. They are more costly but have been more efficient in getting the ball rolling for my BRRRRs. After a while, do ha...

The Real Estate person was a friend and she was handling both the selling/buying verbally she told me the price was 125,000 then when it was written up the price increased to 170,000.  This is mixed use property comme...

I've been busting my hump trying to get my first deal. I put the earnest down on one but after inspections found it would cost an extra 40k so I pulled out. Now I've got a golden egg. Buying a great condition house fo...

So I posted earlier about trying to evict some dead beat renters. And everything that I have to say today will directly follow my previous posting. But I started a new discussion because of the questions that I have t...

Ok. Here we go. I win the dummy award of the year but I need some help to see how I can mitigate my damage now that I'm in the bind I'm in.1) Bought a townhome, fixed it up and put a renter in it. Small town. Small ho...