Joseph Torres
Taking over existing lease in NC
I'm currently in the middle of closing on a quad-plex in Burlington, NC. Every unit is currently rented for the next year, which is a good thing. I have all of the leases and everything looks good. I just did final wa...
Anita L.
Decisions with my owner-occupied duplex
Last year, I bought a 1900-built duplex for 120k under asking in VHCOL city in California. I'm a single woman in my 20s and intend to live in one unit. Long-term plan is moving out in ~5-7 years. I don't know if I wou...
Aaron Coffer
BRRRR method in Indy Area
Looking for strategic ways to BRRRR in the Indianapolis area ..best options
George Hernandez
Need advice on equity in rental
Hey folks,
So I’ll try to keep it brief and short. I have about $187k in equity on one of my rental properties. I’m looking at investing outside of California; mainly Kansas. Reason being is because my brother-in-law...
Amanda Thompson
Is 12% Management fee outrageous?
I currently own a property management company (started it one year ago!) and personally manage our own 22 investment properties. We are in negotiations to sell a chunk of land that has 15 units on it.The buyer "very m...
Logan I.
Am I playing with fire on my umbrella policy?
I am holding my properties in my own name, no LLC etc. For protection, I have a massive landlord and umbrella insurance (1m, 2m respectively). For simplicity, I have a website with "business name" which lists all the ...
Lenny Wilbourn
FHA appraiser found issues inspection company completely missed
I just got a call from my loan officer and I’m kind of worries, my escrow is set to close on the 26, it’s an FHA loan and the appraiser just did the report on Monday. We did a walk through a few weeks back and I had a...
Rudy Manna
Buying & Eviction - Fun situtation
I am in a very interesting situation.I am closing a real triplex tomorrow, and the seller tells me today that one of the tenants hasn't paid this months rent. I am not sure if this is just one -off or have to go throu...
Sarah Msuya
Duplex House Hack 10/2021
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $600,000
Cash invested: $80,000
We currently live in half and rent the other half. Its a beautiful duplex th...
Jennifer Slaughter
Hello! First buy and hold property...
Hello Everyone!I have been loving getting acquainted with the BP community. Between the podcasts and blogs there is so much information and such a great network. We are in the process of purchasing our first buy and h...