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Hi! I'm new to BP and can't believe all that is available here! Amazing. Thanks!I'm buying my first "rent by the room" property, closing. Mar 16!. Given the area, the highest demand is traveling RNd, temp IT folks &am...
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Hi all! I am currently looking into converting a SFU home that is zoned for an MFU into a top-bottom duplex. One of the challenges is making sure that each until has access to laundry. The basement has the current lau...
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I am getting ready to make an offer on an existing mixed use property that is zoned for storefront retail + residential units in San Diego, California. Does anyone have a private lender that will lend on the acquisi...
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I recently had clogged drains in my first investment house, a duplex. I had the drains snakes out and that fix only lasted a week and a half and it is clogged again. Have heard that water jetting is a much more thorou...
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Most of the houses we've done so far are under $400,000. I have a homeowner that just called that bought a home for 1.2 mil and owes $800,000 and some change.
Because she paid over 1.2, can we short this? I thoug...
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Hello! I uploaded a different post on multifamily, but this one relate to house hacking. Has anyone had experience in house hacking a 3-4 plex and using different rental strategies on each? For example, living in one,...
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Trying to get into real estate (buy and hold) in our local Bergen County (northern NJ/metro NY) market. Had a short sale under contract but it just fell through. (Made offer in August, right after seller dropped ask...
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There is a lack of new housing nationally… and this will not be fixed by our government or anyone else anytime soon. FYI: the median cost of a house in the U.S. is currently $263,000http://www.politico.com/agenda/stor...
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My wife and I recently took over a rental property in "da Bronx." It's a major fixer upper that she bought a long time ago with her ex-husband and he allowed it to fall into major disrepair after their divorce many y...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $525
Cash invested: $80,000
Upper/lower duplex with luxury master loft steps away from lively downtown and ...