Well, I've been a member for about 4 months or so. Things have changed a bit since I joined BP. I just bought my first property. A duplex that I am house hacking with my wife and son in one unit and my daughter and...
Recenlty me and my fiancee had a debate. My argument was that it will be better to build our rental profilo FIRST to create CASH FLOW and then buy our first home. At this moment we are renters oursleves too. Do you gu...
Hi all! I recently lost a deal I was trying hard to get. We were one of the top two offers but we lost it when the other party offered non refundable EMD. I know this is very common, just wondering how to deal with th...
We're looking into buying a 60+ unit complex where their current marketing is for prospective tenants to pay about half a month's rent with no deposit to get them moved in. I've been a property manager/investor for 1...
What if you:1.) lease to own a distressed property- very low deposit (your only actual out of pocket expense) 2.) made a deal with a contractor friend to renovate it for free if you paid him a percentage of profit3.) ...
Hey guys, hoping for some insight on the "refinance" part of the BRRRR strategy. I bought a 3 unit building about 6 months ago, 6% down. I had a discussion with my lender today to explore the possibility of a cash out...
Good morning
BP I’m looking to purchase my first property it’s a duplex. I️ want to live in one side and rent the other side out. Also to get the deal done I️ want to use private money and refinance in about 2 to 3...
Hello allI just wanted to see what experienced landlords view as the top 3 mistakes new landlords make, from personal experience or elsewhere. I want to buy my first 3 room property soon and rent out 2 rooms. I don'...
Hello all!So me and my wife own a home and we were thinking about renting it out and house hacking a multi family property here in Southern California. Our goal is to create income through multi family rentals. We wan...
I have a 4-plex and have had a 1 bedroom unit advertised for 2 weeks with little more than some nibbles. I've got it listed on Craigslist & Zillow for below market ($1084 in NE) and I just put in new flooring and...