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I have been investing in single family homes exclusively. The thought of a multi-family building quite honestly made me nervous. More tenants, definitely bigger numbers and property managers. It seems my investment...
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As a first time rental property investor with long distance, I made many mistakes.Recently, I realized my management company over charged me a lot even though with minor issues and suggested some installation which is...
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Just heard of Ignite funding and wanted to invest my 401k. Anyone else had past experience with them? I'd like to hear more.
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Hi BP people,The lease says no pets and tenants agreed to no pets. Thing is, it's a duplex and I live upstairs, so I can hear what's going on below. I've heard a puppy barking for a few days now and yes it's possibl...
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Help BP members!I'm proceeding with my first large commercial project (building a new hotel) and working on finding investors/partners.Here's the deal:The all-in cost for the project is $4,000,000. The local bank wan...
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Hi - coming to the brain trust with a tricky situation where I am not sure how to proceed. I have a house under contract with partner @EmileHughes and I am trying to estimate all the repairs. The house has plaster and...
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Those of you who invest in California or Pacific Coast that own property, what are your thoughts on Earthquake insurance? Do you have them for your properties? Is it worth it? If not, what will you do in an ...
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I religiously use the ARV x 70% - repairs formula for any flip that I look into. Completed one last fall and made money. I 've only been looking at cash buys and under 100k houses up to this point.
Because of my wif...
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My head is spinning. I've spoken to several people and I just don't know which way to go. I need to put a property on the market next month and do a 1031 exchange. Once sold and after fees and expenses, I will need to...
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Hello Everyone.
My father has a rental home which neither he nor the tenant are maintaining. I have already tried to purchase the property from him at an agreed $60K (Appraisal is $100K+) to repair and hold a...