Brendan M.
Chicago Househacking - Impatient or concerning trends?
Hey all,I own two four flats (Albany and Kilbourn Park) that I've househacked and looking for a third. I was fortunate to do Homepossible (5% down) on those two but now I'm relegated to FHA and 3.5% down. I've been lo...
Account Closed
Beginning to Househack
Hey BP---
Beginning investor here looking to purchase a multi-family/duplex unit within the next two months. I am planning have most of my mortgage paid by my tenant while socking my addition towards a money market...
Michael Bertsch
Fireplace
Hello BP community! I just bought my first rental property (SFR) and it has a fireplace. Should I allow tenants to use it? Or, is it too much of a liability?
Sipan Y.
Joshua tree / Twentynine Palms
I am wondering if the Joshua Tree market is still worth investing. Currently there are numerous active rentals on the market based on AirDNA market overview. Additionally, the median sold price has significantly gone...
James Friery
Need advise on this 21 unit pocket listing
Hi all!I'm currently looking at a pocket listing in Troy, NY. The current owner is shopping it around for 1.35m (7cap) and the proforma numbers are as followed: ANNUALIZED INCOMEActual MarketGross Potential Rent $191,...
Logan Gilbert
Move out charges
Hi all, I was wondering if you can legally charge Tennants for cleaning and painting fees on move out? or I'm thinking these tasks are the responsibility of the landlord/owner of the property. I guess a simple solutio...
Tristan Morgan
I have an Off Market oppertunity and would like some advice.
First off , Thanks to anyone who can help me out here with advice or thoughts. What I have before me and was offered to me was a 8 unit apartment complex. that's 8 units between 2 buildings. Building 1 has 2 units ...
Jeremy Lee
CA: handymen vs contractors
Hey all,Just wanted to clarify but in California if I have repairs that cost over $500 including parts and labor, I need to hire a licensed contractor to do the work. If it's under $500 (including parts and labor) I c...
Gebson Pinheiro
Anyone sell RE to stepchild & the SDRIRA buys it from stepchild?
I'm thinking about selling a property I currently own to my adult stepchild (would trust with my life). I am planning to quitdeed claim the property to the stepchild (gift the stepchild closing costs needed to buy it...
Matt Friesz
Property management Nightmare
I thought I’d give a try at being an out of state investor.I purchased two duplexes in Davenport, Ia this year, One in January and one in April. Both of these properties are STILL vacant. I’m on my second property ma...