Logan M.
Four ways I have lost money investing in mobile home parks
I want to focus this post on issues that have cost me money that were avoidable.#1 Fires, I have lost three homes to fires. Two were caused by humans. I should have insured the homes, sold them, or done something to m...
Andre Key
Why do sellers have so much faith in banks offering remods
BP,I have a guy that has a great property in an affluent Austin area however he is over a year behind and nearing the fatal court house sale. He is working on a loan remodification with his bank so that he can get a ...
Mark Baldwin
Pitfalls of investing in notes from a distance
While I've been intrigued by the ability to invest in notes from anywhere, it is what concerns me the most about making the leap into it. The transactional aspect is appealing, as well as the ability to accrue cashflo...
Jeremy Sharff
I'm the short seller...
Most of the posts I'm reading are about people trying to buy short sells, so perhaps this is an opportunity for someone out there. But, I'm on the other end.
There are lots of foreclosures in the area so comparable h...
Wade Garrett
My First Multifamily Deal Advice
Hi all, interested to hear your thoughts on a property I am in final negotiations with:4-unit residential in New Jersey. One 3BR, two 1 BR, one studio. (rent slightly below comps)One building, double lot property with...
Andrew Meyer
Duplex with water/mold
So I am looking at a duplex that got water/mold damage on one side, and minor water damage (Door left open or something like that) on the other side. It is bank owned at this point. Right now the one side needs total ...
Brian Kantor
1850's Vermont Farmhouse duplex "Vacation Home Hack"
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Weston.
Purchase price: $415,000
Cash invested: $130,000
An 1850's farmhouse duplex in Ski country as a "Vacation Home Hac...
Daniel Ortega
Repair estimates for investment property in Augusta, Maine
Hello BP,
We are currently going through negotiations for an out of state rental property in Augusta, Maine. Since this is our first investment property and we're out of state, we'd like some advice on general estim...
Nathan James
The Specifics of FHA Residency
So I've been thinking of ways to creatively and legally utilize an FHA loan to fund a multifamily property. Reading the FHA guidlines I've seen that if I have another name listed on the mortgage only one of us needs ...
Nick Dunbar
Partnership BRRR problem
How do you BRRR refinance a property bought in your name and transferred to a 50/50 equity partnership (no due on sale clause. Transfer was approved in writing)?We didn’t do this the ideal way. Purchased conventiona...