We currently own three investment properties (SFR) and looking to expand that by at least 4 this year. We have always held it to be a good business practice to not raise rent on current tenants when the renew their l...
I know this question has been asked a number of times...but I'm really struggling on this for some reason...and am looking for those of you more experienced to help me make some sense of this.The new rental I'm schedu...
Hello BP Family,
I just got a home inspection for a 3 family property and found a few items that I want your advice on a property I just had a home inspection on in Woonsocket, RI.
1.) The seller was told that there...
I'm so excited to FINALLY be able to share the news about our first deal, a BRRRR! I've been (im)patiently awaiting this day, seeing as the project took a BIT longer than we had planned. Here's our story--my husb...
Hi all,
I’m interested in purchasing my first property by way of house hacking a multifamily property. I’m pre-qualified for a mortgage. My question is should I pay down debt (student loan, car) before investing or j...
I am 50 and have a goal to replace my income, or at least a lot of it by 60. My wife and I have strong W2s and are closing on a 300K HELOC this week. We are in process of building an Airbnb (Den Modern Cabin in Adir...
Hey Florida BP-er's,I heard that if someone has been filed for foreclosure in Florida, who is also an owner occupant, you CAN NOT take over their existing loan subject-to...Can someone verify?Thanks,Jordan
I am remodeling a small kitchen (70 SF) I have on a house I have under contract right now. The kitchen is old and dingy, and I wanted to change it out so that we can add a dishwasher to the space (there currently isn'...
Hi all, Bought my first owner occupy multi family, and decided to live in the most runned-down unit to do some repairs. I'm a mechanical engineer by trade, but have little to no real estate repair experience. I enjo...
Hi All,First time posting on here but I have been an avid reader of the forums for a couple years. Great learning tool.I invested in single family homes in Houma, Louisiana from 2006-2009 and did okay, a couple rehab/...