Tyler Olson
First Investment Property Ideas - Small Available Capital
Always have had investing real estate on my mind and this year I am trying to inform myself as much as possible in order to properly set myself up for success.Are manufactured homes a good avenue to start out in since...
Eric Huang
Newbie starts out to seek the first investment in Seattle area
Hello BP community,I'm in late thirties. I relocated to Seattle about 4 years ago with my wife and 2 kids (4 and 7). I have a house since 2017, which may offers a line of credit approx. about $100K. I wanted to use th...
Nina Ibrahimbegovic
Price increases in material
So two and a half years ago I paid $5000 for brand new ducting and AC for a 1500 sq ft 3 bedroom home. Today I’m getting a 7000-9000 range for a one bedroom 500 sq ft duplex. How is that possible ?!?! I’m shocked. AC ...
Kevin Rollins
Mortgage vs. expenses in Analysis
I am just starting out as an investor. It seems when I run numbers on a potential deal, the month to month expenses are a bigger issue than the mortgage. What I mean is when I run numbers as Brandon Turner suggests, I...
Parker Maher
Considering Refinancing Given Historic Lows
Hello all,
Thanks for taking the time.
My wife and I moved into our primary house in Kansas City, MO, in March of 2019. We then had the opportunity in October 2019 to refi our rate down from 4.5% to 3.5% - which we...
Stephen Dee
Yearly Rental increase
So I was having a discussion with my partner about increasing rents yearly. I wanted to do small increases yearly. Figuring if I increased slowly, but consistently I would increase the rent roll and most tenants would...
David Monzon
Lender doesnt find appraiser
Today 03-17-21.
I am purchasing a fourplex. I am closing on April 19, however the appraisal is pending. Lender is saying that doesn't find a certified appraiser. Lender says something like this ***We have been declin...
John McNeill
Advice for difficult eviction
Hello
I have a tenant in one of my properties that is unable to pay his rent due to loss of his job almost 2 years ago. The property is in Washington State and evicting a tenant is very difficult. The first step is...
Sam Liu
Selling & Buying with 1031
I completed a 1031 exchange two years ago, but found the strict time limits made it difficult to find a good deal. It often feels like either selling high and buying high, or selling low and buying low. I sold one pro...
Rahul Munot
Our Second Investment Property
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
It's a 3-Unit Multi-family in Worcester, MA. Each unit is 3bed 1bath. We inherited 3 tenants with the property who were paying below...