Peter Mckernan
LLC and Funding
Hello everyone,I have been searching for the answer to this question through many different sources. I spoke with a lawyer today that gave me some insight, but did not have an exact answer for this question. I have al...
Michael Lynch
Help with background check information
Hi,
My wife and I purchased a home last August and set it up for a STR. It did pretty well this summer as far as generating revenue. We had major problems with Airbnb and VRBO not covering damages to the home after m...
Sean Williams
Bungalou: 12-Unit Apartment to Luxury STR Property (Sold Aug '23 for $4.7M)
Investment Info:
Large multi-family (5+ units) buy & hold investment in Louisville.
Purchase price: $1,250,000
Cash invested: $2,100,000
Sale price: $4,773,000
After a 3 year redevelopment pr...
Daniel Dixon
Switch Indy duplex to affordable housing tenants?
Hey BP community!We’ve got an Indianapolis C-class duplex that we successfully BRRRRed in 2020. However, tenants have not been great, basically late on rent and/or leaving repairs that eat all profits. Appreciation wo...
Isoke Craig
Rookie Mistakes & Lessons Learned
Often successful stories are shared & while we can learn from wins, I often find I learn more lessons from failure. So I wanted to share my experience with the community. Thanks for reading this is long! Buckle up...
John Gach
New guy from NY trying to research
Hi, I'm a current home owner thinking about purchasing a multiple family home. I do heating and air conditioning so I'm very handy and can handle maintaining and repairing my future properties.I mainly joined to try ...
StevieAnn Nance
Help! Money Wired, Docs Signed, Seller Short 10k, Closing Today
Today is our closing. As the property is 3 hours from my residence, I did my closing yesterday: signed all final loan documents, wired my money to Escrow, etc., and we FedEx-ed our documents for 8AM delivery this mor...
Maggie Shortridge
Renters Want to Pay 1 Year Rent Up Front
Hi. I have a home in a highly desirable residential neighborhood that I rent out. (I used to live there, but got married and moved into my husband's house.) My former tenants recently moved out and I relisted it t...
Kyle Murphy
Gentrifying areas in South Sacramento
I’m currently in contract on a duplex in the 95824 zip code near Fruitridge and Stockton Blvd. Curious if any Sacramento investors or property managers have any thoughts on this area or feel particularly bullish / bea...
Chuck A.
HUD purchase issues - lessons learned
Hi,Just wanted to share an experience that maybe others could benefit from and also see if anyone has any input.About a month ago I found a HUD property that seemed like a good deal. They provided a property conditi...