Hello All!I purchased a 18 unit building 2 1/2 years ago in Central Illinois.   Prior to purchasing, I did as much research as possible and did my best as a new investor on the due diligence.   I am struggling to see ...

I have an opportunity to buy a triplex in a small-ish town.  The owner is 80 years old and just wants to retire from landlord duties.  She owns it free and clear.  The list price is $80K, but after doing the comps in ...

I have ideas on this fireplace, since I cant demolish it (for now) I think a coat of paint is in order.What do you think?It wraps into the kitchen though, I was thinking of having some shelving placed on this side..

So a year ago me, my wife and her parents purchased a 4-plex in Los Angeles. We payed $1.35m for it. They now want to remodel it for $1m, in order to get $3000 a month from each unit. I, however, think we should rathe...

I had just got an email from my new tenant that decided to vacate the premises because she had "discovered conditions within the apartment that she deemed unacceptable for her to continue with her lease." She claims t...

Hello BP members,I am currently offered a commercial loan with the following terms;Interest Rate          5.25%Down Payment      25%Amortization          20 YearTerm                      5 Year Balloon I'd prefer at l...

I just bought my first 4 unit building 6 months ago. I’ve needed to put some money into it along the way. 3 units are occupied, the 4th is mine. The rent breaks down as:75010251160Total: 2935The expenses:1850 (mortgag...

Me and my wife ar gearing up to buy first rental property, looking to buy in July/August and based in Minneapolis, MN.Any cons to using the 203k Loan? Is there a typical time/length of project?Familiar with FHA loan b...