I am looking to buy a property where I have a friendly relationship with the current owner.  I'd like to propose owner financing to her because I want to avoid the closing costs of a conventional loan.  Who gets the t...

Hello BP Family,I have found this quadplex that looks like a great deal.  This will be my first deal that I plan to house hack and acquire via FHA. Numbers work out at ~$600/month in cash flow after all expenses. Savi...

Hello BP,I recently hired a roofer to put a new roof on my personal residence and one of my rentals. About two weeks ago I found a leak in the roof of the rental and it has caused some pretty serious damage to the wal...

I have about 5 rental units in Chicago,  that I own outright, along with a lot of personal equity. I'm planning on getting more rental properties but want to make sure my liabilities are in check and that I protect my...

How hard is it going to be to rent a property (SFH) out? Which previous owner had die in it from old age; 90+ years old; blind; die peacefully in her sleep. Am debating on this issue to buy this property or not.

Thanks.

After evicting my downstairs tenant from my duplex, I had to renovate the bathroom. I wanted to do as little as possible but we knew there was water damage in the flooring. Long story short it's been a full remodel do...

Hey BP Team,I have posted to this forum before about some main line sewer issues i've had since purchasing a triplex on the west side of Chicago. In 2020 I had 4' of main sewer line replaced, had ongoing issues after ...

Hello and thank you for the comments and suggestions in advance.  Given the ideal situation when owning a rental property (for this example residential 1-4 units) is to hold that property in it's own LLC for liability...

I bought a house in January and turned it into a 6 bedroom home (3 up with kitchen, 3 down with kitchen ,separate entrances).Idea was to have a student rental and I already have the 3 upstairs rooms leased as of May 1...

SFH in established, nice, stable Houston neighborhood.

Asking Price: 170k
Rent Comps: 1650/month (19800/year)
NOI: 9603 with 50% rule after 3% vacancy allowance

I'm assuming 25% down with 6% on the balance.
House...