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I'm making this post because I feel like we should be educated and there is a lot of info out there about house-hacking and how you could use an FHA loan live in one unit and rent the rest of the units. This is a very...
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Hi BP Community -
I am eager to get started in Real Estate and purchase my first home. For years, I formed a mental strategy to find a multi-family house and house hack just like all the BP Legends.
However, as I l...
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I've been doing single family flips, wholesales and picked up 2 rentals over the last 2 years. After getting a Commercial lead that ended up not working out, but was a toe-in-the-water experience for me, I've started ...
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How can I charge my tenants for electric and water usage when it's all on one meter?do I just include everything in the rent and check on the past years usages and add it that way
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Hi! I am self managing all of my properties and at the beginning I just signed leases with fixed utility amounts for simplicity. I’m realizing that was a mistake because the tenants are running up the utility bill. Pu...
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I would be grateful if anyone could shed light on the process hard money lenders typically go through to establish the after repair value of a property when ARV is the basis for the contemplated loan. How long a dili...
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I have 1bd/1bath condo in Los Angeles that I purchased before I discovered BP. This was my former primary residence and the numbers don’t pencil out that favorably to make it a rental. So I plan to take my equity el...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Joliet.
Purchase price: $245,000
Cash invested: $11,485
As a first time homebuyer, first time investor, my first deal was ...
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Hello everyone,
I'm currently analyzing a single family house hack which I'm planning on renting the basement as a seperate unit and I'm wondering if how to bill the utilities once I move out and both units are rente...
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Hi everyone, my first post on BP so please forgive me if I'm not up to date on all the acronyms, haha.My wife and I are newlyweds and looking to buy our first house together; we want a place that we can buy and hold f...