Stephanie D.
Put in our first offer and have some questions
Hello everyone! I've been reading the site for a while but this is my first post. We put in our first offer on a small duplex with two bedrooms in each unit. I am crunching numbers like crazy to see if it makes sense...
Keoni Sanchez
Triplex with single meters looking to split or submeter
First time investor closing on a triplex in Allegheny County. Two of the units share the same meter for gas, electric, and water and the previous owner paid all utilities. My return numbers are still positive while pa...
Hoa Nguyen
AirBnb calculations and comparisons?
Hi I am looking to invest in a property with the intent to use it as an AirBnb. It is in a nice area in St. Louis. My question is before jumping onto the deal, is there any resources that allow me to see what competit...
Rod Davis
Lien on potential SFH purchase
I just spoke to a home owner about purchasing his deceased sister’s house. He told me he is looking to satisfy the lien and put a little money in his pocket. The home is valued at $80k. However, when i looked up th...
Nick Dillaha
Flooded rental property advise!
Hi BP!
About a week ago my tenant called at 11:30 at night stating the toilet upstairs was overflowing and is seeping through the first floor ceiling. To summarize, all of the upstairs laminate in the master bed, ha...
Nick Russo
Manufactured Home - Title to Deed
Hi All,My brother and I have purchased a small piece of land in NJ. The neighboring lots all have manufactured/mobile homes on them. We are looking into purchasing a manufactured home and placing it on our plot of lan...
Account Closed
Spending money on homes inspections?
So lets say i get a deal that costs 200,000 but i got it for 180,000 under contract right?Then i do my due diligence. And i pay 2,000 for an inspection. And i find out there were 15,000 in repairs. So it means my real...
Yan Yan
optimize money in different accounts to buy different properties?
Hi BPers,I am interested in apt investments. The question I have right now is that how to best utilize my money in different accounts (bank account, current 401k account, former 401k account, Roth IRA account) to buy ...
Bishoy Takla
FHA vs Conventional for an owner occupied Duplex
Hello Biggepocketers, This is my first post and I am finally getting my feet wet. I am considering an owner-occupied Duplex and I got these two mortgage quotes:FHA: 5% down - 3.375% - fee: $400 - Mont...
Andrea Cole
Refinished floors worth the investment?
My husband and I are 85% done on rehabbing our first investment property. It's a 1942 duplex in High Point, NC that we plan to AirBnB. When I originally did my budget, I didn't include refinishing the floors but after...