Hello all, I'm currently in the process of buying a duplex that has long term tenants on both sides. By all accounts the tenants are great tenants. Apparently they pay their rent on time every month, both times I've b...
The question for you all... would you rather purchase a property that earns you positive cash flow month over month but very low property value appreciation or a property that barely breaks even every month with great...
Hey everyone!I've been looking at a few multi-tenant properties in my area, and have a few quick questions. Most of the ones that I've looked at have existing tenants. When doing the calculations in the BiggerPocket...
Hi,I am a new investor and actively looking for deals. I have researched some of the HML's and didnt' really like to percentage of "skin in the game" that is required upfront. So, I decided to go the PML route. I a...
Hey all, I just got the inspection back on a property I was looking to buy. The top issues include: - P trap improperly plumbed in bathroom- Moisture stain in one of the bedrooms- Double taps in electrical panel - Fal...
I am a SF investor looking for the first time at multi-family. The property in question is a block of 18 1BR condominiums currently being operated as apartments. They are part of a tranche of ~40 condominiums that t...
My partner and I just bought our 5th SFR since starting here in 2011. We purchased it from a bank for 42000 intending to rent it at 800/mo which is very much possible based on our other homes. We put 5000 into re...
I Bought a house subject to 6 months ago. Closed at a title company I Have the deed I own the house I am looking to pay off the existing mortgage that is not mine. I am looking to do a cash out refinance. Can this sti...
I've been investing in the Bay Area (1 SFH solely owned and 1 multi-unit, co-owned) and Indianapolis metro area (2 SFHs). I made several offers in Indy since this summer with an attempt to BRRRR (in a non-typical way)...
Economic Update
(Monday, November 23, 2020)
When COVID-19 arrived, all of us were confronted with an unexpected pandemic that upended the plans we had for 2020. But the pandemic is only part of our story. Whe...