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I am about to purchase a few 4-plexes which are really old. They were built in the 1920s. They are in OK conditions. Previous owner did some repairs, but not inside-out remodels.These 4-plexes are in good location and...
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This is a question for investors who invest in buy and hold suburban areas. I would like feedback on the numbers I am getting on my 3 rentals. 1 is a rental I intend to keep long term. The other 2 I am holding till I ...
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Hi folks, your friendly BP socialist here! First off, thank you all for your responses and input! What a lively discussion!I wanted to close out my last thread with some heartfelt clarification which I had posted but ...
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My tenants (12 guys- a Sober Living home) told me rats were in the garage...where they keep 5 fridges. On inspection, I saw there was a lot of food dribbles and spills from the fridges and the outer door was left open...
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Hi All, Can a commercial investor help me estimate what property management and maintenance would be on a 19 unit residential property in the heart of Baltimore MD. Is it safe to assume 10% if gross rents for Manag...
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Investment Info:
Small multi-family (2-4 units) wholesale investment in Durham.
Sale price: $130,000
Multi Family home with lots of potential! Up and coming area in Downtown Durham only 5 minutes from th...
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Hi BP people,Here's a question that I think we could all benefit to learn from. What legitimate issues have you brought up during the due diligence period of a multi-family acquisition that resulted in a credit or dis...
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I dont like renting to people that just recieve social service checks as income for 2 reasons.
1. If you dont work for it you dont take care of it.
2. You cant not garnish social service income.
Hello,
what are the pros and cons of buying a multifamily that has HUD contract on all its units for 15 remaining years.
Thank you
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Howdy BP community! My wife Michelle and I recently came across the BP website and some of the videos while researching real estate investing. Since we're not mega millionaire investors, the California market is mostl...