Mike Coyne
Found some distressed properties, next step? (in Boca Raton, FL)
My wife and I have been bike riding for dollars around the neighborhoods we are targeting. We're compiling a list of the junkiest houses and cross checking their status realty trac and property appraiser and have been...
Michael Saccone
Paying cash and refinancing vs mortgaging each property?
The house you live in is free and clear. You take out a $125,000 HELOC from this house to invest in multi family properties. Your strategy is buy and hold multi family homes (2-4 units) for the next 5-10 years to bu...
Rae Edwards
Newbie from Hampton Roads, VA
Hello BP Community!My name is Rae Edwards. I am from the Hampton Roads area of Virginia (Newport News, Hampton, Norfolk, etc). I am 24 years old, I recently graduated college where I earned my MBA while playing basket...
Denis Boyda
Making a separate unit in SFH and renting it as MTR without legal converting.
Hi all. I've just bought 3-bd 2bath SFH. It would perfectly split for a 2-family house: 1-bd on the first floor and 1(or2)-bd and the second floor. Unfortunately, current zoning restrictions do not allow us to convert...
John Carr
Joint Ownership, Funding & Tax Implications
Hello all!I have some questions regarding joint ownership with a non-spouse family member. I will try to be as succinct as possible (while also explaining in full the situation), so here goes...My dad is interested in...
Jacob Seim
Best Path for an Investors Primary Residence
BP Community and Cincinnati Locals,
My wife, son, and I intend on moving out of our house hacked quadplex and into a 3/2 single family home here in the next few months. We intend on living in the home 5-8 years until...
Eric Stanley
Frustrating
This may be a noobie question but how is it possible to get into real estate in an area that is booming? I live in the Portland Oregon metro area and the prices of both single family and multi family houses are so muc...
Sam Leon
Are "roommates" a protected class?
I have a question regarding the Fair Housing Act's Familial Status.The intent is to prevent anyone from refusing to rent to or give preferences to people based on their family status...single vs married, with or witho...
Account Closed
What is considered a cash offer?
I'm feeling insecure about this question because it sounds simple, butWhat is considered a cash offer in a real estate transaction?My wife and I are looking at buying two rental properties in our area that are owned b...
Jeremy Dube
House Hacking in Southern California
Is anyone househacking in SoCal? Is it reasonable? I mean, with the costs of multi family (700k-1 mill) and the prices of rents, what reasonably is the owner paying to stay in it? I am just wondering, as I am planning...