Ryan Halverson
Picking the right MFH
I have been looking at multi family homes for a bit now and some concerns I have between 2s, 3s, and 4s is the net profit.
A duplex for 129k rents for 800/unit, profits ~$215-300/month
Triplex for 129k @ 650/unit pro...
Steve Hodgdon
Lansing Pre Foreclosure
4101 SEAWAY DRIVELANSINGMI48911We're hoping to avoid foreclosure, but it's time to put a minimum bid price on this property. Borrower is trying to raise funds to stave of the action. What are people's experiences in L...
Michelle Marty
where to buy Landlord Insurance
I am purchasing a 4 unit townhouse style building. The current owner said she pays 1400 per year for insurance. I am trying to aquire insurance and the lowest I've been quoted is 2,200. I asked the seller where her in...
Annunciata R.
Why am I getting a reassessed refund check from a tax deed
Maybe someone can help me on this, I bought a few lots at the last LA tax deed auction in October. Judging from the tax accessors values online, all the lots I purchased cost less than the last value. Last week I ...
Account Closed
Deal or no deal? What am I missing?
Hey everyone, I just put under contract a 2- flat building in the Chicago area. This is a class C neighborhood. Can you please give me some advice and criticize my analysis below? The first unit is renting for 700 (lo...
Henry J.
My out of state experience sharing (DFW)
We just sold one of our Dallas properties after holding it for 4.5 years. The last 2 years had been painful - with on going repairs, horrible tenant with late payments and pets that pee'd on the carpet... After the ...
Daniel Taylor
In need of a partner for down payment on a 12 plex
What if? That's what I'm asking myself.. Well they always say find the deal and the money will come.Please look over this deal and give me any advise. https://www.biggerpockets.com/calculators/shared/323987/a4617532-4...
Khang Le
How to sell your deal
You guys please, please help me out..........i feel so overly whelm....I have my first property under contract and now it almost expire and i'm having a hard time trying to find a buyer for it.....
I new at this whol...
Tim Johnson
Keeping the druggie money
Hi BP!My wife and I purchased an 18 unit multifamily in December. The building is full of mostly great people, but there was one fellow that always smelled like pot. We talked to him about it but the odors continued...
Ally H.
Effective Start Date of Insurance Policies
Is it typical for a mortgage lender to require that the insurance policies start way before date of recordation? Our home and hurricane policies start 17 days before the actual date of recordation, so it seems odd to ...