Fairly new investor here with some capital, coming from Houston. I'm interested in doing a deal for a multi-family property with up to $500,000 down. I listen to the BP Podcasts and it seems most on there are targetin...
I'm need some help understanding a deal I'm working. It will be owner financed which is a help to him because he is offloading to get into a new business. I need help understanding the Cap rate to look for and to run ...
I have a 3/2 unit in Orlando that is paid for. It is located in an investor Mecca complex. The management is shoddy and has allegedly embezzled @ 4 million in the last decade. No one cares….My unit has been vacant for...
Researching various sites (including many posts/forms in BP), books, etc. I have tried creating a blue print for asset protection (see the image). Does it make sense? Did I do something incorrectly? Is it an overkill?...
I’m 18 and am currently in the process of joining the navy. I want to try and house hack once I get to my first duty station and hopefully earn some extra cash. I read that you must serve 181 days active duty during p...
Hello i currently have a section 8 tenant in a unit of my duplex and have sent him the notice to quit or pay rent by certain date. The property is in California and just curious of the process if they don't pay?
Hi all, I have a 2-family home where I am currently trying to come up with a plan for how to have the tenants cover the utility costs. Unit 1 has oil heat through forced air, it only serves that unit and has its own ...
Hello everyone. We are buying our second property today! We received the rent roll of the property, and one of the tenants is behind on the rent. We also noticed that every time we visited the unit, we found tha...
Hi all. My lease states that if the tenant breaks the lease early there is a one month rent penalty for doing so. My tenant has broken numerous HOA violations, done physical damage to neighbors property and threaten...
Hey All,
I've approached a potential problem and I was hoping for some feedback from anyone who has been there before.
I recently purchased a MFH and inherited a first floor tenant. I purchased the property from an ...