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Good morning BP members. As a begin to feel more comfortable with the prospect of becoming an investor, it seems that there are plenty of hurdles to overcome. I contacted two banks that I use for personal reasons; U...
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I'm looking at this deal where the gas, electricity, and water is paid by the landlord. The rents are above market because of this. I was wondering when you are faced with this situation on a smaller multi-family p...
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Hi BP, I want to ask the experts on how to creatively finance my first property --- if you guys think I should do it now, or wait. First, my boyfriend and I found a quadruplex (1 unit is available, the others curren...
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Hi BP community,
I wanted to check in and see if anyone has experience in this area. We have a single family home that's been modified and now has an attached companion unit with its own kitchenette, bathroom and si...
Alright so obviously more bedrooms means more tenants and more rent. However, it also usually means lower rent per tenant, so you have to deal with more potentially bad tenants. I also personally feel like when there ...
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The duplex I have under contract has a few minor things to repair. One of the things I'm most concerned with is the HVAC system. The exterior unit and the furnace was manufactured in 1987 (which is when the house w...
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Hey everyone! I'm desperately trying to fund a deal and time is of the essence! Here are the details of the property: Triplex listed for 155kUnits/Rents:2/1 - $650/mo2/1 - $650/mo3/1 - $750/moAll units will be empty o...
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As I continue to analyze deals while I look to buy my first rental property, I've recently come to the realization that my initial cost estimates were probably on the low side. Just today, I think I've convinced mysel...
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Hello everyone,
I've had a BP account for a while now but have never been active other than scrolling through forums. Short intro - I'm 23 and I finish my MBA in 7 days. My brief professional career so far has been ...
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Hi everyone!We are looking to buy a house listed as a Duplex but registered as a Single Family Home at county level (Alameda,CA). The county records shows a SFH with 1 kitchen and 3 br while in reality it is a Duplex ...