Travis Meservy
Rehab to SFH&Flip vs 3plex&Hold
Two weeks ago I closed on a distressed large SFH in a small town 1hr from me. My plan was to rehab and resell as a SFH. Now I've learned there is good potential for converting it to a triplex. It's a 2300sf two story ...
Martin Srebrov
My first multifamily agency loan (Fannie Mae / Freddie Mac)
Hi everyone,I'm trying to buy my first deal here in the States with an agency loan (Fannie Mae or Freddie Mac). It's a 30 unit apartment building in Oak Forest, IL (suburb of Chicago). 8% CAP, stabilized property.The ...
Kenneth LaVoie
Plans and exit strategies
Hi --
I wanted to share my basic outline of my business plan here, and get some critique, if possible. I'm a little stuck on an "exit" strategy in that, in the interest of lowering taxes, I may NEVER exit, and instead...
John Beck
Transition Tenants to Paying Rent to new owner
Is there a tried and true method to ensure that the current clients know who to send their rent to, after the the new owner of a MHP takes possession?I tried to search the forums, but didn't come across anything relev...
James Jones
New Investor Scaling Through Care Homes and Assisted Living
Hey BP community,
Excited to join this amazing group of investors! My name is James, and I specialize in the care home and assisted living space. Over the past decade, I’ve built and managed purpose-driven homes in C...
Garrett Tjoe
ADUs and utilities question East Bay California
Hi Community,
Requesting help form all East Bay, California builder/investors experienced with an ADU (Additional dwelling Unit) build. I am self-managing my ADU build in Oakland, CA and have come across a few snag...
Steven May
Putting Properties form personal name to LLC
As I move into 2021, I plan to put my properties in LLCs - they are currently in my personal name. Yes, I know to get in touch with a local attorney based in real estate law - I plan to do so to help set up the LLCs b...
Kevin King
Adding a bathroom - Put the washer/ dryer outside or compromise size of bedroom?
Hey guys,I am in discussion with an architect and debating between two proposed floor plans for adding a bathroom to my house. One floorplan involves compromising the size of one of the two bedrooms, and the other inv...
Matt Hofer
Seeking referrals to setup LLC to buy SFH house-hack or multi-family
Hi All 👋I’m looking to form an LLC and make a purchase within the next year. All CPA/ lawyer referrals in south Florida are much appreciated. I’ve watched a lot of content lately including Pace Morby who recommends an...
Rick Turner
My Ugly Duckling - 818 N University Toledo, Ohio
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Toledo.
Purchase price: $5,500
Cash invested: $22,500
A duplex with 3 beds and 1 bath in both up and down that is situated...