Hello BP Community, I need your help. I am currently under contract for a duplex. My intention is to house hack for a period of time while I take a crash course in land lording and renovating. Both units are currently...
1327 Lehigh St, Easton PA is a 4 unit. 2x 2bed 1 bath, and 2x 1 bed 1 bath. Current rents for all 4 units are around $4,150. Seller says it is way below market rent, and I agree. He suggests that projected rents would...
I as new landlord got the dreaded phone call of a frozen pipe causing flooding. We have gone through the mitigation process and have learned that insurance and restoration company estimate 3 months before repairs are...
Greetings! Anyone have ideas on how to continue investing when your money is tied up in a commercial real estate deal?Lender said I can’t dip into our equity for a minimum of 12 months. Suggestions?Thanks!
I’m looking for advice on using a Hard Money lender. I understand the underwriting process is a bit different from bank financing where they prefer you have a property under-contract to move forward with qualifying. M...
There are tons of flooded and gutted houses on the market since the big flood last year. Have any of you guys done any rehabs on these houses and were they different than any other rehabs you've done? Do you need an...
The first question people ask is, "Why did you sell a 15% cap?"The simple answer is that it was the last property that I owned in that community. I had many other properties there and the surrounding areas but over t...
Just wondering if anyone is utilizing Section 8 on any of their properties and how they feel it is working for them. I understand the pros and cons of taking this route but wanted to hear from someone that has actual...
Considering buying a Section 8 - multi-family property, mostly 1b/1b and some studios. Im looking for information on how can I best predict the monthly rent for the section 8 units. Thank you
Hello,i was wondering if it is worth switching from long term rental to medium term rental. I have a 3 units so doing one long term and possibly making one unit medium term. As I start to calculate adding utilities, i...