Hi,Bottom Line upfront: I am looking for a solution or advice on how to keep our paid-off house and rent it, but not be house poor by building/buying another house because we did not sell this house.My situation: My f...
I was presented with the following deal:
Triplex (Built in 1900, excellent location)
Purchase Price: $145K
Rehab + Closing Costs: $8K
Total Investment: $153K
Gross Rents: $2,000-$2,300/month
Expenses:
PM Fees @ 10%...
Hello,I have 16-unit apartment building in Mississippi (8-units in each building). Both of these buildings are in the same parcel. I purchased this property with hard money lending to close the transaction 2 weeks bac...
Hi Bp,
So I have a 200k mortgage on my primary residence that's worth about 250k. But I plan on renting this house out in a year but I want to get a heloc on it before I do that, so I can get a highed heloc when it's...
concerns about safety/fraud , taxation etc...https://cocodevelopmentgroup.com/boulevard-villa-bali/PDF of payback calculations https://drive.google.com/file/d/1FQca4xOb7Dgxy9o5-UP8wvXuZCo...
I've grown a little tired of wholesaling and I'm ready to give rehabbing a try. I have a 3bed/2bath brick ranch in a good area under contract and am set to close soon. I got it at 70k, ARV is around 155k -- will be ...
One of my tenants dryers stopped working they texted me today, they have not paid their rent for this month and they have been paying their rent a month late almost every month so they are essentially never caught up....
I’m finally wanting to pull the trigger on getting another property, but this time the primary goal of turning the sfr into an Airbnb. Couple questions:1) Unfortunately there’s no cohosts available in the area and nee...
We have a good Tenant who has been operating a daycare, prior to Covid, she had 6 children allowed in the Lease. (State licensed her for 8, but she did not notify us ahead of time about her business). We need to re-wr...
Hello BP,I'm looking for some guidance re: a domestic abuse issue with a tenant that I have. I've heard from the other tenants of the building (4 unit apartment) that there have been some issues between my tenant and ...