Michael Spearman
Townhomes without HOA
Hey Seattle BP,I'm seeing many townhomes on the market today that do not have HOA dues. Generally these homes have no common areas but have a connected wall/roof. These are appealing because I don't want to be forced ...
Hannah Hammond
Average Cost to Update Apartment for Repositioning?
Hey BP!For those of you who have experience with repositioning apartment complexes, what have you found to be the average cost per door or sq/ft to update each unit (new paint, floors, maybe counters) in a B to C+ are...
Cassandra J.
Investing in southwest Michigan
Hello BP - I'm looking to invest in around the Saint Joseph, MI area. I welcome the opportunity to partnering with or work on deals for more experienced investors as a way to learn more.My goal is to gain footing in m...
James Erickson
Should I reimburse tenant for this?
A new tenant had a small water leak in her apartment due to a clogged drain. I cleaned up the water, which did not damage her belongings since it was minor. I had to shut the water off to the apartment since, at the t...
Klaycon Santos
How much above asking price would you go?
Asking price is 520k for 4 family unit. Did the whole check up and only small cosmetics work need to be done. But it's a hot property 20 min from Boston. Average comps for this location is 450-500 but I want to close...
Sherry Lewis
Using Speculation in Contemplating a Deal
I have located a possible deal that could be the "diamond in the ruff" scenario but it is partially based on speculation. How dangerous is it to proceed and what are the chances of finding a money partner that is wil...
Michael Wallimann
Gracefully Removing an Inherited Tenant
Hello BP clan! I am about to close on a fourplex next month. It is going to be an owner occupied property. This building has 3 tenants in place with the biggest unit (a 2BR/2BA) unoccupied at the moment due to a recen...
Samuel Coronado
Next Steps for This Situation
Has anyone else faced something similar? What did you do?I am in the process of dealing with a difficult client. He moved in October 2023 and began missing payments in December and hasn't paid most of January. He is n...
Robert Brown
Help with deal paralysis
Hey everyone, I just recently came across a house in my local neighborhood for 125k. Its a 4 unit house that has already had minor rehabbing done to it. I also came across the Real estate hacking idea where you buy su...
Mike Polizzi
Looking to start building my real estate team (CPA & Lawyer)
Hi all - While I am personally not new to BiggerPockets, this account is! After purchasing my first 3 family property this past summer, I am looking to find a CPA who specializes in Real Estate. I work in the financia...