I currently have a duplex and planned to purchase more however...I started reading,"The ABCs of Real Estate Investing" by Ken McElroy and I'm now considering in putting my money in apartments. Something small like a 6...
Hi everyone,My partner and I received a request from one of our tenants (1 bed/bath) to have his cousin and dog (still determining the breed of dog) to move in for a couple months. I am hesitant because I see this mo...
Has anyone had any issues using online rent payment websites? My wife and I are looking to start a Property Management company for both our rentals and others. I'm trying to figure out if is just easier to open up a...
I am curious if anyone has any experience with online services for property management such as Rentalutions? What other options are worth considering? The Rentaluation website makes it sound like a potential time sa...
Hello BP!I am working on closing my first duplex deal in Mount Clemens Michigan. The duplex is 2 - 3/1 units with a price of just over 100k. The loan I am using is an FHA loan with 3.5% down. I received the closing co...
Hi, I have been browsing through pages and pages of the forums and not seen this specific type of scenario. Any input is appreciated.I have identified a great deal for a house that could serve as our “forever home” (i...
Hello everyone!I think I've read everything (on BP forums) regarding 4-plex bought by owner-occupant.Question: Does anyone have recent experience with VA or FHA loan on a property like that?My buyer is concerned about...
I need a quick sounding board... a 5Plex just came across my desk and it seems to have potential, but there are a couple variables in there I haven't dealt with before that could make or break the deal...Specs:Purchas...
Hello!We were just hit with, what I feel is, an exorbitant tax prep bill of $1850. It's a new LLC with just one NNN rental income source. This cost equals 5.5% of our gross income for the year (nearly 2/3rds of one m...
I'm hoping to get further in my attempts to purchase a vacant duplex home in City of Buffalo soon without being outbid. I'm thinking about renting 1 unit long term and keeping 1 unit open for personal use during late ...