Hi BP members - I am not knowledgable about insurance. I'm lending to a borrower who has multiple flips going on. I just want to make sure I am adequately insured so would appreciate any feedback from insurance profes...
I’m closing on a 6-plex in Des Moines, Iowa, this November!!! Built 1890. Older roof. All units on separate meters. Seller has done a good job of keeping up with electrical, plumbing, fire safety, HVAC and general upd...
How do we build more affordable housing in California? I mean we put in ten thousand layers of policies and bureaucracy for "safety reasons" and to "create jobs," but now there's no cost effective way to create/build ...
Hi all, hope everyone had a solid weekend! i have a couple quick questions about using rental income to qualify.This is my first (possible) purchase and basically the home price is outside of my range to qualify on my...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Columbus.
Purchase price: $125,000
Cash invested: $125,000
Sale price: $175,000
All-cash, out-of-state purchase of 4-u...
Hi all,
I'm currently under contract on a duplex for 370k in the Fort Walton beach, FL area. I'm currently trying to use a VA loan to purchase the duplex and fix up one unit and house hack the other. The idea was bri...
I am buying a house this week. I am planning on renting out several of the bedrooms. I have been thinking about what ramifications the virus may have in a house hacking situation. Obviously, the health risks are re...
Hey guys, was just wondering what kind of overnight guest policy others may have when it comes to renting out rooms in your home? I currently rent out 2 rooms in my house. One long term tenant moved out, so now I'm lo...
Hi all, There is a plumbing issue in the building where my unit is located. The problem is a loud noise which can be heard in my unit. It has been going on for several months and the management company is ignoring the...
Hello BP Community, I'm a DIY property manager for a couple of 4Plexes. 1-3 times a month I receive complaints from a tenant about a neighboring tenant. For example, today a downstairs tenant complained about the ten...