Derek Mei
Advice on First-Time Owner Occupied FHA/203k Property
Hey BP Community,
I'm looking to put down an offer on my first potential property, which is a 3 unit, which will be delivered vacant. It'd be considered a house hack as I'd be living in one of the units and will be r...
Sean ODowd
Does anyone know a Stessa Alternative?
Stessa is great, don't get me wrong!
But, it isn't great from a customization perspective. There are a couple of reports I'd like to run, like break-even occupancy. What percent occupancy will the property break e...
Erin Heard
FHA loan while living in rental
I'm new to real estate and I want to find a multifamily house to finance with an FHA loan. To my understanding I have to live in the house to receive the loan, but I currently stay in a rental and in my lease it state...
Charles Price
$1M owned free & clear - what would you do to GROW portfolio?
Looking for advice! I own a few properties in the Hudson Valley, NY (Poughkeepsie, Fishkill area for those familiar - B&C areas):7-unit apartment: $500,000 equity - free & clear5-unit mixed use: $400,000 equi...
Remrie Arrie
Can I sue HUD for "stealing" my tenant?
Here's an idea.... Can we seek repayment in full from the low income housing program? They are technically responsible for our tenant breaking her lease by approving her for low income housing; effectively "stealing" ...
Mark Burn
Tenant Seeking Advice in Austin, TX
Hello!I currently rent a 3/2 SFH with a roommate in Austin, TX. We moved in March 2020 and renewed our lease in March 2021. My landlord told me earlier this year that he plans to sell this home and gave us the option ...
Paul Ellington
Keep Current Condo or 1031 for better margins?
Hi BP forum,
My wife and I recently moved in to our first single family home and stumbled our way in to real estate investing after house hacking our condo and keeping it as a rental property. With high HOA fees we ...
Joan C.
Do I need to disclose of Past Break-in to tenant? am I getting professional tenants
Hi,
I have a house in CA had been break-in twice in past 1.5 years, since the bushes in the front of the house was tall, CA let many prisoners/drug addicts out on the street due to over crowed jail, the city...
Scott Johnson
Break Even Formula Validity?
Hey, everyone! I learned about a formula today that I'm trying to wrap my head around. It calculates the percentage return one would need in order to confirm an investment is "moving ahead" as opposed to tracking behi...
Andrew Mowe
When house hacking a multi-family
Hey BP community, I’m starting out in real estate in the north east. I want to house hack my first property by buying a multi-family(3unit) to live in and rent out the others. When analyzing this deal, is it ok if I ...