I recently contacted the owner of a quadruplex that I am interested in. The owner is a realtor and suggested to make an offer to see if we are in the right ballpark. They don't need to sell. This is located in a gr...

Hi BP,I have a potential motivated seller with home close to University of Houston.2 bedroom 1 bath  800 sfLot: 5000 sfTax Assessor: $55,652 1940sIts hard to pull comps as most homes are larger but the median price in...

Hi All,I'm looking at a 2 family property with a 3rd floor cottage set up (basically the attic converted to another apartment. Right now their gas and electric is hooked up to 2nd floor. It has it's own circuit breake...

Hi everyone,

I have a question about what people think of the 70% rule in this market. I'm in Southern California and experiencing the same low inventory problems as many regions. Houses are getting picked off the ML...

Considering investing in a 5-plex. Planning on living in one unit for a while. I hear rumor of how taxes and other things change from 1-4-plexes to 5 and above-plexes. True? Could anybody point me in a direction of info?

As someone already observed, it may be pointless to help tenants if they cant make their rent payment. The tenant who wanted to fix the tile in the bathrm (SO GLAD I didnt fall for that thanks for the advice) asked me...

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What do you do when your appraisal comes in $100k OVER the purchase price.My goal is to buy 20 units each year and we are about to close on our first 4 unit building next week. The appraisal came in a lot higher than...

Hi fellow BPer, I am planning to purchase my next property in GA, and I came across a house located in one of the top neighborhood. Everything is great (condition, rent, school) but the property is directly across an ...

Hi. I recently bought a duplex and the two sides share a furnace. I live in the side without the furnace which provides both heat and hot water. The two units are separately metered for electricity. Currently the othe...