Bradley Bissett
Tri-Plex water situation
Hi BP nation. Im looking for a little advice as im about to close on my first Multi-Family. The 3 unit home has only 1 hot water heater. The units each have separate gas/electric but not water/hot water. The hot water...
Kevin Kennerly
PMI on live and flip
Hello. I currently have a single family foreclosure under contract and I'm looking for a creative way to get into it without a %20 down payment. The home is in need of mostly cosmetic repair and should appraise for th...
Jordan Spillers
How do we get $ for House #2 when we spent savings on House #1?
Hey! We're on the verge of acquiring property #1 (YAY!) and we're using the majority of our savings since it's not an FHA or Conventional loan. However, we've got our eyes on some other properties, and we're trying to...
Alex F chang
Buy, hold, & fix & flip. Increase profit in all steps
Investment Info:
Single-family residence other investment in Casa Grande.
Purchase price: $120,000
Cash invested: $30,000
Sale price: $260,000
Selling price was $180k at the time when we decided ...
Alex F chang
Buy, hold, & Fix & Flip.
Investment Info:
Single-family residence other investment in Casa Grande.
Purchase price: $120,000
Cash invested: $30,000
Sale price: $260,000
Selling price was $180k at the time when we decided ...
Jonathan Bombaci
Limited real estate supply vs decreasing demand
We are still struggling with record low inventory here in MA and NH. Last year was a crazy high sellers market due to lack of supply, especially in the Multi-family space, and this year had even less inventory hitting...
Jordan Higley
Will bank finance my Triplex ? -- Survey problems
Hello BP world.I'm working on purchasing my second investment property and have decided to go multi-family. I have the property under contract and recently received the survey back. There is one part of the structure ...
Francois Frigon
1st Duplex property now in Operation!
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $317,000
Cash invested: $64,000
Through my LLC, we recently bought a new construction duplex in New Braunfel...
Kevin Toland
Can I figure my home warranty as part of my Cap Ex?
Hello all, I have a quick question about the Cap Ex and having a home warranty; are you not preparing for some of the same things by having a home warranty as you would be by setting aside said amount for Capex? I hav...
Justin Klein
Accounting - Income Statement Question
Accounting Question for you CPAs.So I recently purchased a rental unit and am just starting out. I have one asset (single family home). I do not use any accounting software at the moment as it is just one unit. It ...