I purchased a six unit apartment building in June 2017. The building had one existing section 8 tenant with a second section 8 tenant to begin renting on July 1. Immediately after closing, I contacted the housing au...
Hey BP fam! I am stalking a home we will be using as our primary residence that will need some updating. My initial plan was to get approved for an FHA 203K loan to fund the rehab costs and everything.After seeing t...
Hi all,
Looking for some advice. I went under contract to purchase a home in March. I was out of state and so working with a Florida agent to assist me with the transaction. Immediately after we went under contract,...
Hello, I am a new real estate investor looking to purchase multi family properties in Texas. So far I was told that Lubbock TX would have great cash flowing properties. I ran some numbers based on some properties on Z...
I gave my tenant oral notice yesterday (April 12) that I need the apartment after his lease (expires July 1) is up. So it is basically a 78 day notice. Tenant basically replies with I should have told him sooner and t...
Hi BP - I currently live in Chicago and am relatively new to investing in RE (one flip, one MF - both in Chicago). My mom bought a plot of land in Poinciana years ago and has been sitting on it. I keep getting offers ...
Does anyone have experience building apartment buildings? Land is fairly inexpensive in my market and there is a growing demand for solid B class apartments. Much of the rental property is dilapidated in my area. I lo...
Hello BP,After beginning my buy and hold investing strategy a little over a year ago, I am just starting to realize some of the problems and pitfalls that I was too careless or inexperienced to even think of. I sub...
I am thinking of starting MTR with my SFH in San Diego. This is a beautiful house with 5bd/3br in a safe area, nice front and back yards of decent size, plenty of driveway and street parking spaces. It is in a conveni...
Purchasing my first home and it happens to be a short sale. I'm trying to decide if it is still worth my time or if I should start finding a new home.One lender: Cenlar (no 2nd) FHA LoanOffer was put in on March 3rd, ...