Heard some mixed information on this, but just wanted to clarify: If one purchases a property with an FHA loan, is it legal to short-term rent a portion of the house or other unit/ADU? while living in the property or ...
Hello BP, I finally have my first accepted offer in Bayonne NJ. Its a duplex property and I am looking to improve each unit to maximize my rent roll. I was planning on adding vinyl floors to both units and having a pa...
Hi there. I’m totally new to investing (24yr old) and I have about 10K saved.
For my first investment, I was thinking I could use my dad’s land that he owns with 3 septic tanks and 2 wells. What would be the smartes...
Hello BP folks! We have a 3-family rental in New York. 2 units have the same tenants for years. Other unit moved in in Sept 2020. Utilities are shared so we include them in the rent. We're seeing this winter that the ...
I’m diving into the world of tract home development and looking to learn more about the financial analysis process for unimproved land. Specifically, I’m interested in understanding the costs, potential returns, risks...
Early in my investing career, I had some success, but then the crash happened. It took more than a decade but I am excited (and terrified) to re-enter the fray.After dipping my toes into the market, I have battled aga...
Hey BP!I now have an 8 unit property under contract in North Carolina. This is my first commercial purchase and first multi-family. I would like to hear from the community any advice, tips, or lessons learned for th...
Hi BP!I just finished redoing all the flooring in my house, as I am quarantined and bored out of my mind. I’m thinking I should just paint the cabinets too. I can’t afford new ones so painting is the next best solutio...