We have an older home (1944) in the Los Angeles area that’s been updated and is generally in good shape, but the gas heater is as old as the house and of a type that cannot be installed any longer (although there’s no...
Hey guys first post here so I'll treat this as an introduction as well and then get on to my question. I am currently a property manager with a management company here in Lexington, KY and will soon have my RE license...
I am fixing to close on my first rental property. The bank did 75% I put 25%. The bank loan is 14,500 and my cash is around 6500 after closing and insurance. The home as is value is 25,000 with repairs that i listed f...
Hi everyone! I am getting started building a portfolio of single and small multi family apartments using the BRRRR strategy. I found an older (late 1800s) duplex in the Buffalo, NY area that was significantly rehabbed...
Hi, I'm new to BP and Real Estate in general. I've been reading and learning a lot and decided to get started in this by buying a duplex and living in one unit while renting out the other. This would be in the Houston...
Hey folks,I'm so close to settling on my first rental property. I plan on house hacking it and I'm looking at a 20% cash on cash return after all the expenses for this property. The numbers seem to work. The property ...
Have an opportunity to purchase my first multi-family property off-market in a highly sought after area in northern New Jersey.
Property is a legal two family property with a third floor "border" apartment. 2 units ...
Potentially morbid albeit serious question(s), How does death of any kind (ie: illness, homicide, etc.) on a property affect it’s value? I understand that some states have or don’t have laws that require disclosure of...
Looking at buying my first 5 plex, on a land contract. 200,000 sale price, 20,000 down, 4.65 interest rate for 2 years then to 5.65 for third. Hope to refinance through bank after two years. After all expenses I will ...
Hello -
Foreclosed & abandoned home in my Knoxville neighborhood, been vacant 5+ years now and is deteriorating quickly. Tree fell on the roof several years ago, county removed the tree, but the roof has...