We are in escrow on a fourplex that comes with an additional 4800 sq ft two story warehouse. It shares a well/septic with the fourplex and we're actively looking for something to do with it. This property is located a...
I inherited a home oat the end of August 2011. The property carries a home equity loan in the name of deceased relative. I have been paying the bill every month since. I never contacted the lender to know about ...
Been thinking heavy about adding a few low income properties (Houses that I can buy for $10,000 or less and buy cash).If I decide to go this route I'll rent them to Section 8 tenants and make minimum repairs (paint an...
Hello all, I am newer to REI and am looking to find a deal and close on it before the end of summer. I started by looking at properties on the MLS and using a realtor before I discovered more about the discounted pri...
Hello, I'd like to get some perspective on BRRRR investing. Whenever I've heard this approach talked about, it's almost always in the context of a single family residence. That said, is BRRRR investing a viable str...
The tenants who have lived 16+ years at one of our units are moving out. The stove, range hood, and fridge were purchased by the previous landlord but are definitely 16+ years old. We are trying to buy a new set befor...
Hello,So I signed up for Pro yesterday and out of excitement I ran the calculator on about 50 multifamily homes to see if any would cash flow. It seems none of them would cash flow at the current price point because o...
I took over a multi family (24 units) back in December, problems started since day one.I posted notice to make payments to and my contact information. I got numerous complaints, saying I only gave them 5 day notice of...
Hello BP,I am in the process of finalizing my first flip in South Jersey, West Deptford Township to be specific, about 20 minutes outside of Philadelphia (I add that because I know Philly could have options I can cons...
a question of morality. i need to rehab my 4 unit but i've inherited 2 long term tenants (senior citizens). there rents are way below market and i'm not sure how to ask them to leave. one guy is in his 90's and the...