Kristin Boekhoff
Practical Questions for Small Multifamily
I am about to purchase my first small multifamily (5-unit) property and plan on initially managing it myself. I have some practical questions:1) How often do you clean the common areas?2) How often do you do pest cont...
Taylar Colangelo
Short term rental deal breakdown
Hey guys, I have a deal I’m analyzing, would love some input... purchase price: $170kRehab: 60k ( It’s in really rough shape)ARV: 300kPlan would be to cash out refinance, so put a 240k note on the property and pull ba...
Kate J.
Inherited tenants (from previous landlord)
Hi All! I have recently purchased a house with tenants. The lease ends in September. However, the closing went pretty fast and I completely forgot to ask the previous owner about the condition of the house. We have pu...
Garrett H.
Bank Owned Property w/ Utilities Shared On Adjacent Parcel
Recently purchased a bank owned foreclosure with an existing distressed duplex that I will rehab. After closing on the property, I have detected a 30 amp line running from my electrical property to the adjacent parcel...
Samuel Whelan
First Deal by a College
Hi all,I've recently switched careers and moved back to CT, so I'm on the hunt for my first property. My goal is to purchase a MFH with a good bed to bath ratio and instead of renting by the unit, rent by the room. Th...
Michael S.
First Property - Dirty Tenant
Hey guys - looking for some advice and opinions.I just closed on my very first investment property, a 4-plex apartment building.All units are currently filled. Units A and D are on month-to-month. Unit B's lease is up...
George P.
clean the Dryer Vent
I want to clean the dryer vent since it hasn't been cleaned for a long time.
I figure it shouldn't be hard, I even found a kit for $26 (http://www.amazon.com/Gardus-RLE202-LintEater-10-Piece-Cleaning/dp/B0014CN8Y8/).
...
Dustin Palls
Found a Fannie property I want, possible"Meth Lab"
I found a great deal on a Fannie Mae property. I am concerned because both neighbors mentioned "there were lots of drugs done in there" when I visited the property. All of which is speculation, so I decided to contact...
Luis A.
Is this a good flipping plan?
I have come across an REO that is in excellent condition with comps selling for significantly more. The house would need basically no work other than cleaning and staging (1 week).
(It's a FNMA so this is assuming I ...
Tae Ross
Tax Lien property as an "off-market" property
Hey BP! I've been searching and trying to find a deal. I may have found my first deal by looking at tax liens. I don't really care to get into tax liens. So my question is, could I treat this tax lien property as an "...