Mike Krieg
Offer for an apartment building
I'm looking at an 18-unit building tomorrow being offered for 350K. Rent rolls show it's 65% occupied and the maintenance budget is showing about 10% which is probably about 5-10% too low for this property. So this is...
Eva G.
Utilities - Fee to Tenant
I have a tenant who just moved in in February and its seeming like he has never rented before. So far he's been late on the rent b/c he hasn't figured out routing the payments correctly and he still hasn't switched th...
Adam Budgin
Promissory Note for Down Payment?
Hi BP,I'm looking for guidance on how promissory notes can and cannot be used for acquisitions. I have a few sources of private money I can tap into, and I'm somewhat confused on how I can make the most of the privat...
Joseph Urbinati
Finding a niche in NYC
I've been searching the NYC area for types of properties to buy/hold/rent out. I've tried looking at purchasing single apartments, but I haven't been able to get close to my goal of 15% cash-on-cash return. Does anyon...
Matthew Terry
Anyone in AZ buy on Roofstock.com?
Hello All,I'm interested in turn-key rentals outside of AZ to get my portfolio started and some deals under my belt. Markets like Kansas City, MO and Memphis, TN look great due to the low capital needed to get started...
Chinmay J.
Getting house FHA approved
I have found a really awesome opportunity that I plan to make offer on in next few days. The home is a shell house. No appliances. It was built prior to 1978 so there is possibility of lead based paint. Currently FHA...
Matt Byrne
House-Hacking in Chicago
Hey everyone,
I’m in the process of getting my first real-estate deal planned out, and have decided that a house-hack makes the most sense. I’ve heard time and time again that it’s a great way to get introduced to t...
Oliver B.
Hard Money question
Actively looking for our first flip deal in SoCal....
Target buy price is up to $500k or so; we have cash on hand to put about 50% down and fund the rehab, so just need money to cover roughly 50% of our pur...
Marie C.
House Hacking in Oakland while supporting family (tight budget)
My husband I make about 140k total per year before tax. We live in a tiny converted garage studio in Oakland for $1400 per month. We also support extended family. This is a very important value to us and nonnegotiable...
Yourri-Samuel Dessureault
Looking for guidance - First REI
I am incredibly lucky to have a high paying W2 that I LOVE (I get to build spaceships), and frankly I do not ever think that feeling will change. However, I have very high aspirations in the long term that will cost a...