Orlando Lis
Buying a 145 units apartments in central Florida
Hello,
so we just got under contract to purchase a 145 apt from a nonprofit organization, the rent is currently literally 60% of the market rate, our biggest concerns are how to make sure there is NO rent increase l...
Zachary Aube
VA Home Loan for Investment Property
Hello!I am currently serving in the Army at Joint Base Lewis-McChord in Washington State. With a year left in the Army, I am exploring my options and the benefits that come with being a veteran. One of those great ben...
Wesley Jensen
Tenant refusing Insurance Claim work
Hey everyone! I have a strange situation and am curious what everyone’s thoughts are. I had a cold water line pex fitting fail in the wall at my duplex. Water came in through the cabinets for 10-15 minutes and it dest...
Sergio Avina
Mutifamily Tri in Los Angeles. Deal or No Deal?
Hello BP community,I could use your help on a potential property purchase in Los Angeles. All responses welcome (yes/no response & detailed responses). The property is a triplex with converted garage (unpermitted)...
Ying B.
Disastrous Water Damage - Tenant Left Washer Valves ON
Tenants left the washer valves on when moving out causing serious damage when Water Authority turned the water back on.
1) Tenants disconnected the water a week before the move-out date without informing my PM. The ...
Tara Piantanida-Kelly
What would you do?
Hi All!
My husband and I just looked at two duplexes. We can buy them individually or as a package. Here are my calculations using the BP analysis tool if we buy them as a package:
Monthly Income: $2,79...
Felisha Derrick
Beginner situation/Hubris/What would you do?
In 2019 I purchased a Duplex in New Orleans for $219,000, I was able to refinance during Covid to a 3% interest rate. After I left NOLA, I was able to rent each side for $1,295 through a property manager taking 10%. T...
Marcia Dabney
owner injured on icy parking lot, denied insurance information to file a claim by our HOA management company
I live in Colorado, in January or parking lot was covered in thick ice. Three owners emailed management co. regarding conditions of parking lot. One owner fell and shattered her knee cap. After all this, no attempts w...
Kirk Berryman
Freddie Mac asking for appraisal to back up counter offer
I'm in need of some advice & opinions.I purchase long term rentals. I got a gem of a property under contract that should rent for $1500 a month on $110k purchase price. It is a condo on the north side of Chicago....
Antonio Bodley
How to wholesale cheap junk home?
How do you create a deal on a handyman special? I saw one of those junk homes yesterday outside my part of town that is selling for $2,500. I only saw the outside of the home, which looks terrible. I don't know for s...