Nathan Lenahan
New to BP Nate from San Antonio
Hello everyone! I just came across this website in the last week or so and have become hooked. I just graduated from BYU with a Bachelors Degree in Facility & Property Management and I love it.
I am currently...
Ian Jaeger
How to value a garage refurb
Hey all, recently bought a property here in Dallas and am doing some work to it prior to doing a house hack / airbnb thing with it. The majority of the house was actually in pretty good condition, but the garage was ...
Mike Adams
Selling building only a year into a mort. Piss off bank?
We purchased a 8 unit building in Stamford, CT last year a few months prior to the lock-down. Regretfully, we have two out of the eight tenants paying sparingly and they've also wrecked their units. Atty says we canno...
LiDairious H.
2 Duplexes-Lease Option
Good Day!First Lease Option Opportunity just presented itself. A lady has 2 duplexes in a lower incomer rental area. She wants: $47.5k for each Duplex with a 5 year option. She wants her PITI covered of $575 for Dupl...
Don DeMarco
My first Note purchase
As a Note buyer, I purchased a small pool of non performing notes from a hedge fund, I was able to get a DIL within the first 30 days from one of them. I purchased this asset for 18,000 with a FMV of 42,000, I then t...
Ben Visser
How to benefit partners?
Background: I'm working on buying an owner occupied home through conventional loans. Due to DTI (child support, etc) we move all my husband's debt to my name. He and a friend are the actual names on the loan and I'l...
Kyle Bumpous
Potential Purchase - Houston Triplex with Brother and Father
I'll preface this by saying we are new to real estate investing, so be gentle. Metrics aside, we have some questions about financing and structuring. My brother is currently renting a unit in a triplex which is goin...
Matt I.
Managing Debt & Reserves
To maintain a credit card balance and build cash reserves, or keep my $ cash low while aggressively paying down debt?My goal for this year is to save $$ and build a healthy cash reserve. For years I've been in the hab...
Art Maydan
Age of Multi-Units in Chicago?
I’m looking for a 2-4plex to house hack in Chicago and most of these buildings are at least 60+ years old. Is this normal for Chicago? I don’t want to have to constantly deal with breakage. What would you advise?
Mark LeCounte
"The Lost Newbie"
Good Morning everyone!It has really been an uphill battle for me, attempting to find solid buyers. Of course I'm only four weeks into being an investor, so I dont expect them to just fall out of the sky. But it gets f...