Justin Self
Should I make these repairs to my rental?
Hello, first time poster here. Thanks in advance for taking a look at my situation.The house I am renting out (through a property management company) has had the same tenants since 2015. I lived in it right before t...
Peter J.
Unsolicited bid for a three-family residential property
Hi BP Members,I'd appreciate any guidance/ suggestions as it relates an unsolicited bid for a property purchase.Context: My brother currently rents from an owner/landlord who owns a three family residential property ...
Mike G.
Question on FHA Loan Approval for Triplex
I contacted my Mortgage Broker and told him I was interested in buying a Triplex with an FHA loan and living in one of the units and his response was good luck with that. He said I would have about 1% chance of gettin...
Ed Morrison
Documented with pictures and issued a 3 Day Perform or Quit Notic
H Everyone. I delivered a 3 day notice to perform this morning on what we thought was a great tenant. I took pictures to document what is listed below. Not sure if that is a violation of anything but I did it anywa...
David Stuart
Suspicious of REO property $100k below market value
Hi guys, this is not for investment. I'm helping my parents buy a new home. This if for living in, no investment. Apologies if these are dumb questions. First time poster and new to the forum and real estate game!Fact...
Joe P.
Bilco Door Replacement/Repair?
Hi all - we just got a ton of rain and getting water in my duplex basement. My tenant says a large majority is coming through the flat Bilco doors adjacent to the building. As you look at the doors from the basement t...
Tab Teehee
Per unit budget...can we see yours?
Ugh....I’m really struggling with this! Probably because I’m going about it all wrong, but...I need to get numbers to the bank to determine my project financing. I’ve been interviewing contractors, shopping for materi...
Ryan Hutton
Duplex in Stillwater Mn worth buying?
Hello everyone, I hope your all having a wonderful summer. I'm a firs to me buyer and currently have low credit. I think I'm at 610 right now. Only 2k in debt and about 4K to put down on a multi family of possible. I'...
Joey English
Using A “Handyman Special” Option
Using A “Handyman Special” OptionHave you ever experienced buyer’s remorse after purchasing a property that needed too much work? If you haven’t, count yourself blessed.One time we bought a home that needed a ton of w...
Karen W.
Do you include principal paydown in return?
Do you guys count principal pay down when calculating your return on investment?