Frank Gigliotti
What am I doing wrong?
I have been investing in 3-4 unit properties in Chicago for the past 4 years and everything is going great but I feel like every time I purchase a new property im taking two steps back. Like im taking from Peter to pa...
David Triplo
Water Damage from Potentially Chimney Flashing?
I have an odd scenario and hope to have a few different pieces of advice and the direction I should take. Two weeks ago water was getting into the ground unit of my 3 flat and I happen to live in this unit. It was und...
Tim Johnson
Eviction versus non-renewal
I purchased a multifamily property in March. I have a tenant that has not paid $1 since I purchased the building.
Minnesota is currently under an eviction moratorium.
Her lease expired today August 31st. The pro...
Kimberly T.
How to decide whether to 1031 or just buy more...
Background info: We currently own our house and a triplex in CA and 2 fourplexes in AZ, and we have some money saved up. We would like to get into the 5+ unit realm of investing, in another state. We plan to move...
Nathan Pitchford
Just getting started.... Couple things I can't seem to find
I jumped into the rental world by default after buying a house and not wanting to sell my old which I was upside down on. I decided to rent it rather than take the loss and even though I owe 30,000 over value I have p...
Frank Nouma
North Philadelphia Off-Market Property. Deal or No Deal?
Hello BP Family, I would like to get your opinion on this. I recently found a "Deal" in Strawberry Mansion Philadelphia (19121). This is a fully gutted property that will need a complete rehab. Here are the details:
...
Benita Matheson
How do I buy my 2nd property??
So I just closed on a small TRI plex and was able to get that property with an FHA loan. I have about 24k for a down payment on another property, but was wondering how people go about getting a second loan right afte...
Joe M.
How do you "pay yourself?"
What do you guys and gals do with your cash flow?How much do you have in reserves before you pay yourself? Do you have a formula? Do you pay off quicker?Just curious how others use their money.
Mike Roy
Question about Rinnai Direct Vent Space Heater
We recently closed on nine units in Wiscasset, ME - 3 townhouse style triplexes. All units are identical at 960 sq. ft., 480 sq. ft. on each floor. The downstairs consists of a living room, kitchen and 1/2 bath and ...
NA NA
Estimate reno cost
How do gauge the renovate cost from the listing pictures and gauge whether there is problem with electrical plumbing or hac problem?Included some sample pictures and experience buyer would comment on the the realistic...