Kimberly Ashkenazi
To buy or not to buy a triplex?
I just saw a triplex, that meets the 2% rule in an area where it's hard to do. It seems like a great deal, I have two questions.
1. I would want to evict two of the tenants. They are already on month-to-month leases...
Jordan B.
When to sit down with inherited tenant about new lease??
Hello BP,When is the best time to sit down and speak to a soon-to-be inherited tenant about the new lease terms, rules, etc.?I have read it s best to do it before closing and other have told me to do it right after cl...
Shawn Loftis
contractor recommendation in Denver CO
Had a tenant text me tonight that there is water seeping in from the foundation into a closet. Carpet is wet and either paint or plaster is starting to chip off the wall (hard to tell from picture).House is 60 years ...
David Deal
Owner finance historic commercial redevelopment opportunity
Hi all,New to BP, looking forward to sharing and learning!I am looking at a historic property, about 25,000 SF in a CBD in a small/medium east coast city. It is a historic building that has great bones, but is a full ...
Avery Wayman
Gas leak prior to closing
So I recently purchased a home here in Lincoln, NE. This is my personal home. When in closing of the house a gas leak on the water heater had to be repaired for the house to meet FHA regulations so my realestate agent...
Jeffrey Mathurin
Assignment contract or double close?
For the experienced investors, which strategy works best, using an assignment contract or a double close? and why? please
Destiny Bowen
New Duplex Owner; Previous Property Manager Issues, Help!
Hello, all! I am seeking some advice as I am new to the RE life and am stumped by the lack of professionalism and excess of hassle it has been thus far. We finally closed on a duplex in the middle of July. One tenant'...
Matt Patrick
Help!!! Duped by hard money lender!
Hello everyone, this is my first post on BP. I have been using the advise of this community for sometime now. Here is my situation. I just recently purchased 2 properties to fix and flip. I used the same lender on...
Account Closed
Impatient for when it will get easier (reaching step 3: Profit.)
I have 12 units across 5 buildings. One is in year 2, all the rest are still in year 1. On paper, all the buildings required some rehab because they were purchased below market. So it's pretty much a given that yea...
Jeffery Hood
four family needs a new roof, traditional shingles or metal?
Hi Folks,I have a four family that will have a new roof put on in the spring. Am I crazy to think about a metal shingle roof vs. traditional shingles? I expect the metal will be 2X, but the ROI is in the life of the...