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Inherited tenants with a language barrier
I'm looking at a triplex that's fully occupied and the numbers work. I viewed the property today and all tenants were home. A little awkward but not a problem. The issue is none of them speak English and I'm not bilin...
Jacob Northfield
Purchase family house after sister died?
Hi folks, I recently closed on a duplex in Rochester, NY which I was planning to househack. My plan was to move in June when the lease on my current apartment was up. Unfortunately, my sister died unexpectedly a coupl...
James G.
Suggestions for capital allocation?
I was hoping to get some opinions on where to put some capital I have. A quick summary of my circumstance. I own my own home which Is in a very nice neighborhood on long island in N.Y. I say this because over-reno...
John Chapman
The problems with small multi-families (at least in DFW)
I keep getting asked why I've come to dislike small multi-families (2-4 units) in my area, and I wanted to make a list to see if maybe I'm missing something. I’m not saying small multi’s don’t make sense in othe...
Jonathan Talsma
How to best write up a contract on an owner finance
On one of the bigger pockets podcast somebody came on and had a phenomenal idea on how to structure an owner finance I cannot remember what episode it was. But they had a great idea on how to benefit both parties and ...
Rene Hughes
Seller Finance Denied - immediate financing possible?
We're trying to help our Son and Daughter-in-law land their first home. Seller financing hasn't worked, but seller came off price to $100k (was $125k). 930 sq ft 2br 1ba raised foundation on 1/2 acre - lake Livingsto...
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Make your April Rent Predictions
I have 10 SF homes rented. Half are to decently paid UAW works who have been laid off and all are in a town that has been locked down. My guess is as follows:4 Will pay full rent4 Will pay partial rent2 Will pay not...
Joe S.
Best resources for raising private capital
What is the best resources training or coaching available to raise private capital?
Brendon Botelho
Renting out primary residence to move out of state (back home)
Good Morning BP,My wife and I moved from Massachusetts to Virginia last summer for a job opportunity. We bought a house 4 months ago but just found out we are expecting. She is currently in grad school and will be una...
Walter Key
What to Do Yourself and What to Pay to Have Done Right
So, I was having an interesting discussion recently with someone and we have differing opinions. It got me thinking and I thought I'd pose the overall question to the collective brain-trust here on BP. So...When you'r...