Luis Marcelino
Current $/sf in Philadelphia
Any thoughts on what you are all seeing right now for triplex new construction in the city? Any thoughts on the average $/sf. Construction includes full underground level. Lot is undeveloped at this time.
Carol Labbe
Cannot get loan because of COVID-19
Two months ago we closed on a multi family property. We purchased using our home equity line (HELOC) on our own house. The plan was to purchase with our HELOC and use credit cards for repairs. We applied with our loca...
Account Closed
Best markets for STR properties Abroad?
I see the best plays right now in countries with currency plays (Brazil) and/or heavily dependent on tourism which has been crushed by Covid (Italy). Curious what others consider the best markets for STR properties ...
John Gillum
Owner Financed Rental
Hello everyone,
So I am just starting out in the Tri-cities area of TN. I am looking at a SFH property in Kingsport as a potential rental. I am confident in my numbers, but as this is my first rental, I am a little c...
Eilene Gil
Help! Tenants want to break lease without penalty.
Hi everyone,
My partner and I are only in our second year as a landlords, with our second set of tenants in our ADU unit. We live in the main house next to it. There has been construction on the street we share to r...
Vinay Kolluru
Cash out refi allowed on a house that already has a HELOC?
If I have a house that is paid off and has a HELOC on it, would I be allowed to do a cash out refinance on that same house? Since there is no primary mortgage, I think the HELOC would be in 1st lien postion and the ne...
Gerald Harris
2 Direct Mail Questions for Housing Code Violation marketing?
1. What Specific message are you all putting on post cards or yellow letters? 2. how many times a month do you market to them?
Marcus Joseph
Newbie looking to purchase 23 Units on Master Lease Agreement
Hi BP family,I recently received an email regarding a multi-family 23 unit apartment complex just outside Houston. So far I've visited the property, taken pictures, and spoken to the broker who works with the owner. I...
Brody Muxlow
Adding a 4th unit in Ontario
Hey BP,I've recently picked a triplex in Windsor Ontario.Currently has two 2 bedroom apartments and one bachelor. The all have a common area in the basement for laundry. As i renovate each unit i plan on putting stack...
Joshua Watts
Strip center redevelopment
Investment Info:
commercial investment investment.
Purchase price: $475,000
Cash invested: $1
One of my local grocery stores closed down leaving the strip center almost vacant. After a few months th...