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Hi BP Community!I am looking at an 8 unit apartment that is listed under $500k. Would it qualify for a commercial loan? Some people have told me that commercial lenders won't look at anything less that $1 million. If ...
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Hello, I’m curious if anyone has any tips on dealing with insurance companies? I had a pipe freeze and break on the top level of my 4 plex, it flooded the attic for 10 hours. It flooded the top and bottom units. The ...
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Hey I am trying to see if I should buy a washer and dryer with coin slots and charge my tenant or not or just don’t buy a washer and dryer at all but I will be occupying the downstairs apartment myself and kinda don’t...
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I am looking for some advice from anyone who has invested in the Madison market. I have lived here for about 7 years and notice that prices for 2+ units are high and very hard to find deals where the numbers make sens...
I am interested in house hacking in Cincinnati, OH but have never been a landlord before. Anyone familiar with the rules? I am a bit confused on the following questions:1. If I live in a house, are there any rules aga...
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I am seeing lots of 1-4 units that are up for sale, what is a way to figure their value based on the income they produce. Say, gross $1250 monthly....whats the value of the investment?
We have around $2million kitty (little less than that).We have done investments before but they were around 60-70k, so this amount is way more than what have handled before.We still hold the previous investments but w...
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We currently have 10 doors and are now in the process of buying two buildings with a total of 36 apartments. Our current systems will not work at this scale. We are going to self manage them, for at least a while. I a...
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I am looking at two potential duplexes. I'm in a small town Texas with a moderate amount of appreciation, but stable retirement population and blue collar workers with steady (though slow) growth. There is a community...
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Hello, I just finished The Self-Managing Landlord by Grace and Amelia. In the tech stack section they break down options for property management, bookkeeping, and project management. I'm currently on the fence as to w...