I've got a neighbor selling his single family house, and he uses my driveway (multifamily units) to go up and park his cars on his property since his original driveway off the Main Street he tore out and built a deck....
my supervisor is owner of a mobile home park. I hit him up for some eyesores that he would let go cheap to get fixed up and turn into lot rent for him. He ended up offering me the park if I was interested. He bough...
Hi there! I am new to the BP community and wanted to dive in. My family and I are relocating to northern VA this summer. I'll be working in DC. We were going to rent since the housing market is a bit intimidating, but...
Hi everyone. We just purchased a value add 6-unit in North Hollywood (CA). It is a rent control property. Currently the rents are way below the market rent and the existing tenants don't want to leave at all. We have ...
Back in 2008 when the real estate market took a dive, many of my clients were upside down and risked losing their properties. I began to offer them an alternative means to keeping their properties viable, short term ...
Hi everyone,
In the midst of everything going on I was finally able to purchase my first house which happens to be a three family apartment. I’m going to try to keep it short but also while giving you the full scenar...
Hi all,I recently sent a letter to our tenants based on advice from this forum. I spent a few hours curating a list of resources for tenants to leverage in times of financial distress with a focus on the current COVID...
Hello! I have a question on appraised value vs market value. There is a duplex listed for 299k in Va Beach but the appraised value stated 230k. I am not sure why there is 70k in gap. This would be a private sale - no ...
Hey All - we have a few STRs in a suburb of the St. Louis, Mo area. They are doing well. The local city municipality is considering banning STRs in residential areas and making it only in option in commercial zoned...
Evening BP!I hear the 'Path of Progress" discussed on the podcast regularly and often. It's usually vaguely defined or even just alluded to without much in the way of specifics but I take it to mean the geographical ...