Hi all,I bought a 4-plex a couple of weeks ago. Three of the four furnaces are 25+ years old, and three of the four water heaters are super old as well (18, 24, and 25 years). It's in a rough but rapidly gentrifying n...

I just rented a home out that I soft remodeled to new 3 years ago. It still looks fresh and new. I rented the home $150/month below market to get a good supply of tenants.The windows are an issue. They are late 80s do...

Hi everyone,Looking for some help.So I recently bought a 4 family property with two houses (one single family and a 3 family) in Woonsocket, RI. I'm going to be living in one unit of the 3 family so I am trying to dec...

Hey everyone. Kind of a long post. I have a master plan that ends with me becoming a general partner in multi family deals and eventually becoming financially free. I will use my knowledge in the home inspection field...

I'm doing a knob & tube re-wire because after years of handymen messing with it, I want to make the house safe for my tenants. I'm getting quotes now, and the electricians have been suggesting interrelated smoke a...

This post is kind of half asking for advice and half giving you my master plan and seeing if my plan sucks.buying a new house and plan on renting my current car be out. My mortgage is $933 and rentometer.com says the ...

Greetings BP community, I recently had my a move-out for section 8 2 unit (only one unit moved a 4 bedroom first floor unit with finished basement) on the southside of Chicago and wanted to see if the turn costs sound...

So I've never purchased a rental, and never really planned on it, but I found a home for 500 dollars. Zillow says its worth 80K, and rentslicer says it will rent for $750/mon. Its 1700 sq. ft., and I have a call in fo...

Hey everyone! I would like to get some opinions on whether or not I should do this deal. It would be my first investment. Here are the details:It is a triplex for $32,000 in a low-income area in the Midwest. Property ...

Today, I turned down an offer on my 16 unit multifamily building that would of made me $201,000.

Why? Because I believe the cash flow this building will kickoff will feed me for a lifetime.

And...30% in capital gain...