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Hi Everyone,I know when a property is 5 or more units, it's considered a commercial property. Does this apply to 5+ units under a single roof though? I ask becasue I'm looking into a deal that has two 4 plexes (separa...
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Hello! I am new to BiggerPockets and new to real estate investing. I have done one deal and it went fantastic (>28% ROI) so I am looking to do another one. I found a duplex asking for $170,000. I countered $150...
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I currently own a 4-plex in a complex where there is about 40 4-plex buildings. There are 2 owners who wishes to sell their units now. The first owner… I’ll call seller “A” wants 180ish firm (this property is next to...
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Hi BP,Is there an excel sheet anyone uses for contact information, banking debits/credits etc. I am making as I go but was unsure if there are a few things I am missing.Thanks!
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Trying to pick up my first Duplex. Put an offer in on a duplex on the first day of the listing, and the seller waited until there were multiple listings. Now they are calling for best offer. Here are the details. S...
Hi Everyone. I have not been able to find a concrete answer as it seems there are some grey areas. Envision This Scenario: I have currently identified a few multi family homes in Allentown, PA that My girlfriend and I...
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I tried to find answers on this older discussions but was unsuccessful, and this is my first post so I apologize if I am doing anything incorrectly. I am trying to put together funding to flip my first house. I have 5...
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On top of real estate, would you guys recommend creating other passive income streams that pays you weekly or monthly?Is there. a good online business that I can start while I build my real estate portfolio so that I ...
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Hi everyone. I have potential tenants who want to rent my house, and they have three dogs and two cats. Yeah, I know that's a LOT of pets. I've had a dog - a small dog - in my house for eight years, and there's been n...
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Hello. We currently own two townhouses (both rented) and the SFH we currently live in. One townhouse is in FL and the other is in NJ. We want to refinance both of the townhouses. Is there an advantage using a Loca...