Robert Simpson
Bought 100+ yr duplex - how much to fix up before renting?
We have just purchased a 110 year old duplex in Oak Park, IL to house hack. There are obvious repairs, like brick work and rotted siding, that will make the investment last.But what about more cosmetic repairs? To wha...
Steve Smith
How does this work - Tenant's Partial Rent Payment
Fellow BP Colleagues,
Requesting your thought provoking guidance on the following hypothetical situation in California:
The tenancy is month to month and per the signed agreement, the tenant must deposit monthly ren...
Will F.
Getting Pre-Approved and making offers on Multi family Apartments - 4-12 units
Hey gang,
So I was wondering about the process for making offers on Multi-Family apartments.
I've had experience with purchasing small office and 1-4 unit properties in past.
I was wondering wh...
Genny Li
I just had a tenant ask about changing a burnt-out light bulb...
Really. Can't make this up. I had to coach him through changing it over the phone because the closets have linear fluorescents, and he didn't know what to do.
I'm focusing on the day job now, but I had to share. (...
John Cohen
Closed on a 48 Unit Multifamily - First Syndication
Hey BP!Just wanted to tell everyone about the first syndication I closed. Yesterday July 31st, I closed on a 48 unit multifamily in Columbus, OH. Purchase Price: $1,115,000Occupancy: 75%Down Units: 6 Light Turns: 66 -...
Bryce Reeks
absentee owner in foreclosure!!
Hello all!
I have received my first potential lead through direct mail.
I have been in touch with an absentee owner who's property is in foreclosure.
She purchased the property in 1999 for $54k, so there should be ...
Torrence Rundell Craig
Property Manager in Indianapolis search
Hi all. Want to rent our our sf ranch northeast after purchasing a larger home and considering using a PM. My wife, the boss is fast food. What's it going to cost? I've searched the forum and seen trends of first mont...
Pete Winslow
Real Estate License - Which State
I am taking the next step and getting my real estate license, but unsure of which state to get it in. I know this may seem like the very first thing I should figure out, but my girlfriend is a traveling nurse. Once ...
Michael Giuffre
Buying rental property with my father - How to structure?
I'm in the process of buying the first of, hopefully, many rental properties and am financing it as a joint mortgage applicant with my father. As I understand, we can not apply for a mortgage in an LLC's name and aft...
Karla Castro
Finding Flipping Contacts
Hi,
Can someone guide me in the right direction to find someone with access to homes specifically for flipping?
Thanks