I'm about to get my feet wet into investing, and I will be investing a pretty sizable chunk of my savings too. The area is the Indian Orchard part of Springfield in Massachusetts, and this home is a bit above the medi...
Hi, new landlord here with just under a year into rental property.I have read through numerous posts about this but wanted to ask the question, do you have tenant pay all utilities? My tenant has a one year lease wh...
We're quite close to making an offer on a 6-plex where owner pays ALL utilities. It is not common in the area for utilities to be included, and all units are under market rent. The building is 100+ years old, so I a...
We're closing on a 6 Plex in a couple weeks and are having doubts. The property is in a great area (Class C) but with a need for more housing. Renting is never an issue. His leases are month to month and he pays al...
Home renovations can substantially increase your equity and cash flow on a rental property, but when doing one, there are two key things you need to pay attention to: budgets and timelines. Today, rookie real estate i...
I'm currently house hacking in the North East. The property that I'm looking at was a single-family one and it was converted to 4-plex: 1 Bed/1bath(400 SqFt), 2Bed/1bath(500 SqFt), 3Bed/1bath(1300 SqFt), 2Bed/1bath(70...
So as the title says I am looking at a great property with long term tenants already in place so the property is truly turnkey and the price is right. However I have a suspicion that the property may still be fully kn...
Hi guys, I'm interested in a 3 plex close to the downtown area I'm in. Lots of old houses but the surrounding area is going through a re build and lots of historic houses in town. It is a older SFH that was converte...
We recently went under contract on a as-is duplex with established tenants (they’ve been there 15 and 5 years respectively). During the initial walk through the house appeared to have great bones, but obviously needs ...
Hi BP Community,First purchase in the works, closing June 29th! Found a 4-plex in residential area (population <3,000) about 45 minutes away.Purchase Price: $92,000 (MLS) Bank Appraisal: $99,000 (appraised "sale" v...