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Hi BP members!I had arranged to buy a commercial property with a mix of seller (3 yr term), debt, and equity financing. However, as we were discussing the details in the purchase agreement, I leaned that because of th...
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I have a duplex in Echo Park and I am looking to install HVAC. It is a top/bottom style duplex with a flat roof and a basement so there should be no issues around ducting. each floor is around 1,100 sq ft Any idea h...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $24,000
Cash invested: $6,000
Closed in mid April. All it needed was a deep clean and a fridge. To be rented for $7...
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Must annual contracts be upheld after transfer of ownership?Scenario: Closing on a storage facility. A few annual leases in there at under market rents. I was going to leave them in place; however, this weekend the...
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VRBO's are they a good way to maximize a properties returns? I have 2 very nice properties under contract. One has a main home, 3k sq ft with a 1 bedroom cottage, a 2 bedroom cottage & an efficiency apt. The other...
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Purchase duplex with two separate singel family house on the lot.
Any one have experience airbnb? Is it worth it? Do you make money?
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My husband and I cleaned the carpets in one of the houses day before yesterday. We couldn't leave the windows open to help air it out due to thunderstorms here. Hubby goes over this afternoon and said the smell hit hi...
I recently bought a rental property. It is a duplex, and rents are earned using the boarding house model; eight doors with leases. I acquired the duplex with a 1031 exchange, and a commercial loan. I was planning to r...
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Hi everyone! I purchased a 20 unit apartment complex about 1 1/2 yrs ago. The 1st investor completed the rehab and was only at 40% occupancy when I purchased it. Since then I fired the apartment manager, cleaned house...
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This is more of a reach goal for me since I am still in my "collect 4 green houses before trading up to a red hotel" stage, but I thought I would ask the hive mind anyways. How are deals like this usually structured? ...