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Here we go, after reading BP for a year and finally moving to a position that I can get together the funds to buy my first SFR home. I know BP has a love affair with MFR but I cant bring myself to buy one for my fi...
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Hey everyone. First post asking for advice. =) Purchased a duplex for 90K on a land contract in August. About to close on it Friday the 26th and buy out the sellers mortgage with my own. His mortgage was 140, so I wil...
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So I'm currently in the process of purchasing my first deal! A fourplex here in San Antonio for $108K (Owner wants of the rental game). My intentions are to perform the Brrr strategy so I will also be borrowing an add...
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I bought a 1400 sq ft 3 br 2 bath HUD home in late 2012 for ~$130k after closing costs in Puyallup WA on a 15 year fixed mortgage at 2.875% interest. (Why 15 year? Wife listens to Dave Ramsey and the difference was on...
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Hi all,Wanted to recap my first multi-family purchase experience. For my previous success story check out my other post on 5 SFR we currently own. My business partner and I have been looking at multifamily units since...
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Just read a thread where a landlord said that his instruction to his tenant screening company was to automatically disqualify anyone with a felony.
HUD has this guideline in public housing. In some cases it...
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I advertised an apartment early in the month for a March 1 move-in and got a number of bites. However, I put in some engineered hardwood in the apartment and it wasn't show ready until mid-month and raised the ren...
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Hi! I inherited tenants paying 600. For an 800 sq ft 1 bed apartment in an ok area of Philadelphia. I pay water/sewer, trash, public lighting, and gas. I kept that rate for 10 months Its renewal time. I lost 9 grand...
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I’m looking for someone to help ease my thoughts… California Bay AreaI have everything ready to go for my first flip… financing, financial spreadsheets, acquisition and disposition playbook, design criteria, etc. I ha...
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Curious to the group’s ideas and procedures about renting to tenants with pit bulls. We have a vacancy and some prospective tenants applied but have pit bulls. I’m curious how others handle this, and if they rent but ...