Mike Gerson
What is your criteria for a BRRR
Hi BP Family. I want to start looking for properties to BRRR. What is your criteria for a deal?How much do you want the ARV to be compared to the purchase price plus repair cost? How do you decide what area you will...
Dmitriy P.
Non occupant co-borrower
Hey BP folks,I’m getting conflicting info and looking to see what some of your experience is:I currently have an FHA loan on a triplex which I reside in. I’m looking to get into another duplex property with an fha loa...
Matthew Winters
Questions on starting out?
I have a question which involves private lending. If someone is looking into becoming an investor and currently owns a home through a private lender, what are the advantages? Here is a little insight into the situati...
Eric Matson
First Time Landlord
So, I'm currently waiting on loan approval, and then plan on buying my first multifamily property. I'm all in on this plan, but can't shake some nerves when it comes to landlording. Is there anything I should know? An...
Kamlesh G.
Inspection uncovers major mold.
So my partner and I finally get our offer accepted and move to the due diligence phase. We meet the inspector at the property. Get access to first unit, its a 4-plex. We are surprised to find out that the tenant had b...
Brandon Ely
Scenario involving Set Backs, Taxing Districts and Consolitation
Hi all,I have a scenario that I would like to run by the forum members to determine if there are any next steps I can use:In 2014, I bought a small 50 X 50 lot in Coeur d Alene, ID. The purchase transaction was throug...
Wesley Kuo
Property Tax in Whittier, CA
Evening all,I closed an escrow on a duplex in Whittier about a month ago. Friends have warned me that property tax is one of the big annual expenses that cannot be overlooked, so I'd like to be prepared.I called LA co...
Kevin Semenas
Lessons from your worst deal
Hi Bigger Pockets Forum! 2019 was a learning year for me. I read a few books, made some connections, and continued working my day job. In 2020 my goal is to purchase a single family/ duplex in Southeast, WI and learn ...
Lafi S.
How big is your short sale package??
Just curious on how everyone puts their short sale packages together. Do you make it as big as possible packing as many details and information as you can. Or do you like to keep it simple and just put in the offer an...
Cristian Correa
Property already with a tenant
Hi, So I am currently purchasing my first duplex, hooray! The rental property I am looking at has two units, one is occupied and the 2nd has a tenant, I want to live in one of the two units, however the income from t...