It finally happened! My husband and I closed on our first deal last week. We purchased a town home and inherited tenants. We learned so much this first deal. Thank you BP community, there is so much encouragement a...
Investment Info:
Large multi-family (5+ units) buy & hold investment in Phoenix.
Purchase price: $762,500
Cash invested: $236,500
14-unit of 1BR & Studios that I purchased after another inves...
Looking to build on our 14x51 vacant lot. At first we were going to build as an investment rental or a flip. We decided to look into building as our primary residence. We are in our mid 50’s and it would be nice to do...
We recently had a tenant that just moved out. The house has the water heater outside, and so we built a small room around it and put a door. After the tenant moved out, we noticed beds and various other paraphernali...
Background: This week I'm planning on putting an offer down on my first commercial property, I only own one other rental (residential).1. The asking price is $370,000, it was recently sold 2 years ago for $350,000. Th...
Hi NJ investors and agents! I’ve been thinking a lot about East Orange and it’s future potential and wondering what experience or insights you all may have on that area. I have my eye on one particular REO property bu...
Dealing with a tenant who is rude via text correspondence. So I stopped texting her. Can anyone recommend a better way to correspond in order to notify of issues with the apartment? I do not want her texting me any ...
My wife and I are meeting with our attorney tomorrow afternoon to discuss investment properties. We own the following:(1) LLC that controls all rental income-we have 7 (wife and I are partners with each other-2017)(1)...
First time home-buyer trying to house hack on a 3-family home using an FHA in Troy, NY. I found one for $260,000. Monthly payments would be $2065 with an interest rate of 2.875%. With utilities & flood insuran...
My tenant is mid-lease and we just found out she got a dog without prior approval. This is a lease violation, but we do allow dogs and told her she can keep the pet if she pays the required fees. I gave her 7 days to ...