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Dear All,I am purchasing a Baltimore city property from an owner. We will close in next Friday, but today, we realized it's a leasehold property (subject to ground rent) instead of fee simple. However, the owner has n...
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I have went forward with this deal. This is my first duplex and I would like to get opinions. I think it's a solid deal but like I said I'm still learning. The duplex has been totally redone so nothing to do to it. Th...
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If I have a ground up build I paid cash for, can I use a DSCR loan to take a mortgage out on that house to build a rental home on a lot we have next door? I would like to take the mortgage out in my one LLC and rent t...
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A tenant's unit was searched today (10 COP CARS WERE ON PROPERTY). We found out for possible stolen property.Both of the resident's do NOT have a felony or anything really on their background check.What are your thou...
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I have a rental property that I'm trying to spruce up with a new facelift. The current patio and walkways around the house are all concrete, but look a little rough and are all mismatched, so I'd like to replace them....
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Hi Fellow BPers,
I am an out of state landlord and am wondering how fellow out of state landlords deal with court cases involving tenant evictions? Lawyer fees are expensive and management is out of the question sinc...
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I'm new to real estate investing and am considering using a turnkey builder for my first duplex or four plex in the Madison WI area. What are the upsides/downsides to this type of investment? Looking to learn from yo...
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Hello BP members. I just joined and this is my first post. I've been a broker for 7 years on the Northside of Chicago and absolutely love every aspect of real estate. I live, work, play and am an expert in Logan Squar...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $1,215,000
Cash invested: $367,500
Used an interest-only loan and put down 30% to acquire this 2-unit buildi...
Hey guys, I am moving to the Twin Cities very soon for my job. Any recommendation on good areas to rent? I am currently looking at a building in Downtown Minneapolis with rent ranging around $1,500 until I get my foot...