Hello BPs,I need your suggestion/guidelines on buying a 2/3/4 plex multi-family house for the first time.My budget is around $400k and looking forward to holding for 4-5 years. A couple of questions:1. Do you recommen...
In Los Angeles California, mid-40s w 2 kids, good jobs, have personal SFH 1900sqft valued @ $715K w/ $300k equity. Have 3-plex investment 3hrs away, $250K value , positive flow of $100 per unit, $60K equity, hiring...
Thought you all would appreciate a dose of reality from the trenches of a multifamily operator - Section 8 abatement.
If you have Section 8 tenants at your property you have to be aware that there are three parties i...
I am 66. Can I transfer some of my self-directed IRA to pay down my mortgage on rental property? Consequences, if any?
In Southern California, the rental properties that make most financial sense are often in some not-so-good neighborhoods.
I screen applicants by running a credit check, but I have never found anyone with a cl...
I rented a unit to a young man last month and we have had to chase him down for his rent every month since. This has happened twice in a row and I suspect it will continue. He says his roommate won't pay. He's offered...
My wife and I recently purchased our first ever SFR. We've been told by contractors who've visited our property that we should look into getting our roof replaced within the next year or two. As investors, what caused...
Hello my name is David. I say seasoned so maybe not by today's standards. I have over 50 doors but have basically done it the old way by saving up down payments etc. and buying extremely distressed and sweat equity In...
I've been doing a lot of research in the triad area North Carolina.I'm trying to hone in on an area while simultaneously trying to prioritize exactly what I want to buy. Chapel Hill 3B2b with garage or cart port?Durha...
Should a potential tenants minimum income be 3x the rent, before or after taxes?