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Hello BP,I am seeking some advice on a current situation I am in:I recently relocated to South Carolina where I purchased a fixer home with the intention of doing a live-in flip or a BRRRR type investment. Several wee...
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Greetings,
I'm new to real estate and I found my first deal on a duplex in the Houston Texas area. I was going to house hack using a VA loan. I visited the property and made a strong offer. A few days later my realt...
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I'm in the process of negotiating to purchase a home that is occupied by a very elderly schizophrenic tenant who, according to the seller, has not paid rent or been on a lease in nearly ten years. What should I do to...
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My current situation:1 primary, 5 rentals, no additional debt, heloc out (invested in one of the rentals), and cash to buy more, but at 43% debt to income. I am looking for a solution where I can buy more rentals. I...
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I own and manage a duplex built in 1900, old house, tons of holes. The upper unit (floors 2 & 3) is occupied by tenants with a 12-month lease and the lower unit is short term rentals (Airbnb). The upper unit has m...
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I feel like I already know the answer to this, but would love ya'lls input, thoughts and encouragement, regardless: We've inherited tenants in a triplex all of whom were on M2M. Immediately we evicted the upstairs uni...
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My husband and I tried to purchase a 2/1 SFH earlier this week from a flipper. It is in move-in condition, could be put on the rental market the moment we close, ties up very little of our funds, and fits our perform...
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How much total coverage should I be buying on my rentals? These are SFRs - the insurance company seems to offer, as a default suggestion, the amount of the mortgage, not the total purchase price of the property. I'm...
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I've learned the individual who sold me a 4-plex on owner carry a few years passed away a month ago. The promissory note will transfer to his only child and he wasn't married. He was a fine, personable older fellow bu...
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Hi,
I found this off-market deal in Philly and was wondering whether it's worth it to proceed. I feel like I must be crazy because nowadays everyone is dying to evict their non-paying tenants out but I'm looking to v...