Albert D.
Where is the market going? In your opinion?
Dear BPers,What do you see happening in your local markets? Where do you think the market you are in will go in 12-24 months? Should we hold our cash dearly or should we continue invest as usual? Many thanks for yo...
Jeremy Benezra
Federal Way - Duplex laws
I purchased a house in Federal Way at the foreclosure auction. It’s near Military Road S and 288th. My question is can I make this a legal duplex and rent out the upstairs and downstairs separately?As I bought the h...
Richard McRae
Biggest Underwriting Mistakes Incurred by Novice Investors
I see many properties advertised these days with unrealistically low expense ratios. Inexperienced investors that are excited to make that first acquisition need to be aware of and understand how to accurately evalua...
Tyler Haanen
Refinance with only one duplex unit updated
Hi all,I am curious on everyone's opinion on my scenario. I have a duplex that I am considering refinancing to cash out for the renovation of one of the units. The other unit we have completely updated and we are happ...
Stewart McMillan
Pay a premium for last unit in building that I don't own?
Another owner in a building I own in asked me if I'm interested in buying his unit. It's a 3-unit building in a desirable block of Wicker Park Chicago and I own the only other 2 units. This is an older building in an ...
Jacob Portalatin
Sell or Mid-Term One Unit or Two
Hello, I have a three-level townhome in Annandale, VA. I move next year, military duty, and I am considering whether I should sell or mid-term rent. My monthly PITI is 3071. Long-term rent would not cash flow.
The h...
Albert Johnson
How do you handle tenant complaints against neighbors?
One my tenant is complaining about another tenant bullying them. Some examples are they are driving too fast. He is setting up cameras, telling them what to do.. etc...how do you usually handle disputes like this with...
Catie Fihn
How Do I Split These Utilities?!
Hello! We just bought a duplex, which has separate meters for electricity. That's easy enough for the tenants to put their bills in their own names. But the gas and water need to stay in our name as landlords (per ...
Martin Potokar
Property Condition Assessment (PCA) Pays Huge Dividends & More...
Forward
The post you are about to read is based upon a factual account of a property condition assessment (PCA) recently completed for a commercial real estate property consisting of a multi-tenant industrial office ...
Greg Wilding
Turning Single family into a Duplex?
Occasionally, I come across deals of a single family residences that could be turned into a duplex really easily. Has anyone had experience doing this, is it a good strategy and what are some of the concerns to cons...