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I’ve had a great elderly couple renting my home in Henderson NV for 6 years. They are now moving out and given proper notice. However, they have personally made several modifications/upgrades (in their eyes I’m sure) ...
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I currently own a paid off duplex with a 2/1 per unit but needs work (flooring, cabinets, appliances, paint, A/C, and unfinished bathroom) before putting it for rent. What loan would you use to fix it or what would be...
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Is it possible to pay for a down payment on a multifamily apartment using a bridge loan? I don't have enough money to buy a 15-unit apartment in Texas; I only have about 15%. I had the notion of using a bridge loan ...
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I have a single family home for rent (3 bed, 2.5 bath), current rate is $1300, the one year lease expires in December. Rent has gone up significantly around here, and assuming no major changes, I'm confident I could r...
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Hello BP Friends:
My name is Chris Montoya. I am attorney/investor here in San Diego and currently working on flipping my 2 on 1 property. I have some not-so-great experiences with 2 contractors I was working with. T...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $260,000
Cash invested: $10,000
I bought a 4 bed/2 bath SFR walking distance to the University of Nevada, Reno, for...
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Hi -
I have a unit that rents for around 7k - At that rate, I find renewals to be a difficult calculation where I seem to have very little upside to raise rent much, if at all.
Let's say I can raise rent 5% - if ...
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Hoping to start another conversation about how everyone approaches low income rental properties, when it comes to material selection, and what you put where :) From you experience, what has been the most cost effectiv...
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I'm looking at a multifamily building: about 100 years old, 6 units plus 2 long-term businesses, 4 of the units recently renovated, ~$700K to buy, $92K potential income. The proforma shows $1,200/yr maintenance (along...
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I am a brand new investor about to purchase my first rental condo in Henderson, NV. Are there any other brand new (or experienced) investors in the LV area who would like to connect and share progress/offer guidance? ...