My Blogs - (Real Estate Homerun Blog)My First 12 Months as a Real Estate Investor…Here’s my story… One year ago, today, on March 31, 2016 I purchased my first investment property… What a journey this first 12 months h...
I finally got an answer today on the cost to separately meter my intended 9 unit MF property...$8000 per meter just for the capital recovery fee for the city. Then add on any installation charges. I was shocked t...
I have often read people post things like, "Lenders shouldn't charge upfront fees...if they do, RUN!" And for a period of time I seemed to agree with this. I have to say, I no longer do. Full disclosure, I work with...
I own 5 properties (4 rentals) but I need a mentor. My current dilemma is, what to do next? Should I sell properties with high amounts of equity? I could use that money to transition into the bigger investments (apa...
My wife and I have a house under contract that we're planning to house hack. The plan is to rent the 1000sqft basement as a short-term rental (1800/mo) then when we move away after a few years, rent the top 2000sqft a...
Hello all, I have a house overlooking a lake in South Dakota. This is my primary residence & the mortgage is held personally on a 30 year note. I file for "owner occupied" status and have the mortgage interest ful...
Hello BP Community,
I have always had a long debate what is the best strategy when it comes to salting multifamily properties/small apartment buildings. The more units under one roof, the more efficient the cost of s...
Hello All,A silent business partner and I just signed a 5 year master lease (with an option) for a duplex in which we be paying $1200/month to rent from the owner and we will be subletting for $3300/month. Some speci...
Hello smart people!The BRRRR method seems like an amazing way to get involved in real estate. But before I commit to this I am curious about the exit strategy. If I decided to leave for 3 months (to sail the world for...
Hi BP friends!
I’m in a bit of a pickle and would like some insight and recommendations. We completed our first flip this year and sold it in late August. We’ve since decided we wanted to downsize our primary residen...