Jon Mason
Possible Easement Issue
I purchased a rental property in 2018 that was a totally normal real estate transaction with no existing easements or irregularities mentioned.During the reno I found out that back in the 50's when the house was built...
Jerry Ellis
The line between low ball and ridiculous
So I'm looking at properties and find a single family converted to a 2-unit. If I've interpreted the county's tax website correctly, it was sold in 2011 for $13k. Looks like it's been rehabed and the listing price is ...
Andy Thao
Should my wife and I buy now or wait.
Hey everyone,
Not sure where I should be posting this as this is my first post, but I'm in need of some advice. My wife and I are currently looking to buy in the Sacramento, Ca area. We've been looking around for a f...
Lisa Johnson
Consult a contractor before purchase or after?
Hi everyone, I was hoping that by this time I would be telling you about the start of my first flip but...Over the last two weeks I sourced a house in a really nice neighborhood, did the initial walk through with my R...
Ryan Dunne Ewing
My Multi-Family Property has a 14% cap rate. So what?
I’m one year in to owning my 4 unit multi-family property. Bought it for $209,000.i have dramatically remodeled the building in under a year and doubled the gross monthly rent income.As of right now I have a cap rate ...
Dan H.
Reverted forum format update and associated thread removal
First, kudos to BP for reverting from its recently released Forum format update. The new format had many issues that were thoroughly covered in the thread on the update.Two thumbs down for removing the thread that wa...
Kevin Ha
Pet free while owning a pet?
Hello everyone!I'm not sure if this question has been asked before but I am in quite a predicament when it comes to my rental property. I just bought a property and will soon be house hacking away. Currently, I own a ...
Paul Shepherd
Getting started as a landlord - Cleveland Ohio
Hi All,Well, after a year or so of looking and analyzing and losing some properties to other bidders, my wife and I finally closed on our first rental units. In fact, we closed on two separate houses on the same day ...
Brit F.
Predatory construction lender?
I ran across a company and business model that seems suspicious to me, and I'd like some feedback from the BP community. I'll not mention the company name yet. It's less than one year old, and I found only one menti...
Jerry George
First REO deal for duplex - questions ? Please help.
I am new to REO investing. My offer was accepted by the bank for a duplex of 2 units. It is valued at $210K by the city tax dept. My offer was 152K. It was listed for 170K. It needs 10K rehab work to make it perfect. ...