Hello, I’m active duty military deployed overseas and one of my guys has a significant problem. His wife and two young kids are in Ohio in a house they’re renting. Their AC went out two weeks ago and still has not bee...
Hello,I'm considering to purchase a turnkey property in Alabama. This is my 2nd rental but I'm relatively new.The property is in a nice neighborhood (70% own/ 30% renter) which the company said it's hard to come avail...
Hello everybody! I find myself in a little trouble. Hopefully, someone will be able to provide advice on how to best tackle this; I would greatly appreciate it. I recently purchased my first house hack in Texas. The f...
Hi BP friends. I did the ultimate no no, my niece and her union plumber husband needs a place to stay in town, and I let them stay with me if he plumb my bathroom and does a little fixing up. Was specific in verbal fi...
We have a broken A/C unit on our duplex property. We live in the suburbs of Portland Oregon and air conditioning is more of a bonus not expected here, especially in older homes. The unit has been broken for over a dec...
BP, I have a motivated seller who wants me to put there property under contract. The property is in a decent middle class area an it's total market value is 130,490. This will be my first deal as a wholesaler. The ...
For those who convert a single family house into a duplex (for example let's say you take a two story single family house) and covert it into a duplex by adding a second kitchen, separate entrances to the house and of...
What do you guys look for when considering multifamily properties?
I'm looking at a 7-unit property currently with the following figures:
*Total Gross income (Rent + Laundry): $78, 000
*Operating Expenses: (Based on...
When purchasing an older property, are there red flag issues from inspection reports that new owners should choose to address proactively, rather than in reaction to a tenant raising an issue down the line?
In m...
A few months ago I purchased a duplex and assumed the tenants that were in place. At the time we got insurance on the property with American Integrity. 2months later we got notice they were cancelling due to the tena...