Robert Lenfestey
First Time Mobile Home Park Investment
I have the opportunity to buy a mobile home park. I asked a broker I know about multifamily investing opportunities and he showed me this property. It is not listed on the MLS. It is 5.7 acres, currently has 12 mobil...
Denita Ozenne
Real estate programs in Houston, Tx
Hey fellow Bp's. I have decided to get my real estate license in the the state of Texas and am unsure of which program to choose. I currently work 40 hours a week, 8-5 so classroom education seems unlikely. Ive compil...
Alexandra King
Flipping in Santa Barbara
I am a designer and a realtor in Santa Barbara, CA. I want to flip properties in Santa Barbara and Goleta. However, I have no money, and have never flipped a property. Discounted/low-cost housing in Goleta goes for ab...
Chris Mandle
New owner raising rent
Just acquired my first REI. 3 plex in a C neighborhood and I would like to raise rent. Each unit is occupied and they are all on month to month. I was thinking of sending them a notice that in 3 months rent will be in...
Jacob Phillips
Someone asked if I accept Section 8
I’m advertising my second unit and almost immediately I was hit with the “will you accept Section 8?” question. I really have no idea how to navigate that question so I’ve tabled my reply and I’m curious what you guys...
Andrew Lake
Getting Educated on Rehabs
I’ve made a few offers on multiunit properties in Chicago that I would be house hacking but haven’t had any luck on getting an offer accepted yet. With my current financing, finding deals that work for me in areas I’d...
Juan F. Saa
Are legal and accounting fees cash flow dream killers?
I
recently got started with great excitement in RE investing in single
family turnkey properties, have spent a lot of time learning about
the wonders of cash flow, and just refinanced my primary residence to
cash ...
Kalvin Seidl
Creative Financing--Seeking Advice/Stories
Hello BP community,I am looking to complete my first deal within the next 3 months in the Saint Paul, MN area. I have found a few properties I would like to purchase to buy-and-hold. I have my eyes on two duplexes and...
Mary Jay
What is your tolerance for bad or below average areas?
Do you guys only buy in good areas?Does anybody buy in bad areas or below average areas?For instance, property is close to "druggies " area....An appraiser came to a unit and there is a passed out tenant on the couch....
Bruce Woodruff
Is new construction going to go in the tank?
With inflation hard upon us, more expected, and with money harder and more expensive to get, do you see a downturn in new residential home building? Seems inevitable, doesn't it?