Intro…Keeping with the spirit of @J Scott 's “Diary of a New Construction Project” where we jumped into a HUGE project that we never really had done before, “Tear a house down and build a new one back”. This adventu...
So there must be other places like my town. The average (decent shape) 2 family home is selling from 250k-325k. And the average rent is $1100-$1300. These numbers don't work out for the 1% rule. Everything I've ever r...
Hello,I have found an opportunity that I do not believe will last very long. A development near me has been re-zoned for duplex construction and many of the lots are available. This development was started a year or...
Hi BP!My wife and I purchased an 18 unit multifamily in December. The building is full of mostly great people, but there was one fellow that always smelled like pot. We talked to him about it but the odors continued...
Tenant wont pay rent,always a different excuse.Now she moved a dog in against the no pets agreement.I cant afford to go to court to evict her.Is it illegal to move in with her?
Ok time for a reality check. I'm busy. You're busy. We're all busy! And we're all on BP. Some are learning from others, some are sharing their knowledge with others. But all of you are spending time here. And some of...
My wife and I are ready to purchase our first multi-family, first investment property. I was driving by a triplex in a low income neighborhood for 95k and grosses $1400/month. After I scoped out the property, I came...
I want to write the title in quotes because it's not like I had much of a strategy to start with. I bought a duplex and a turn-key SFH at a normal price for houses in the area. Both were conventional loans with 25% ...
I have been investing for years, so I may know a little something…
In my experience, at least in Texas the taxes increased faster than rent increase. However, I do have properties in Mississippi. Taxes are not so ba...
As the title of the post mentions, I am taking on an extensive rehab this coming year and am really excited for it!
This is a twin home in Ardmore - which is an amazing area, and I am really enhancing the property.
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