Michael Bishop
Using an FHA 203(k) on a Foreclosure Multi-Unit
I'm thinking about buying a foreclosure multi-unit in the Austin, TX area using an FHA 203(k) within the next year as a buy and hold property. Looking for some insight from those who have done similar deals or have kn...
Tawny Bloom
Keeping pipes cleared
Last month we had to call in Roto Rooters as our tenants pipes were backed up. The drain for the washing machine and kitchen all drain to the same pipe and according to the Roto Rooter guy this can sometimes cause pr...
Sebastian E.
1031 exchange to do an addition on primary residence
Here is my situation. I own an investment property that I am selling and wish to do a 1031 exchange. Is it possible to use the gains from the sale toward an addition on my primary residence. For example to build a uni...
Connor Devlin
Should I Flip or Rent?
Hello all!
I’m new to investing and will finally have the opportunity to put some money into my first investment property. However, I’m struggling with how I will approach it first. Would flipping or renting be a bet...
Cody F.
Raising rent one unit at a time, or does it have to be standard?
I have an apartment complex with 41 units. It's a mix of 1,2, and 3 bedroom units. I want to start raising rents as I renovate each unit but I'm worried about the legalities of that. Can I potentially get in trouble...
Matt Eade
Combining separately owned properties into LLC?
Hello, question... Is it possible to have an LLC partnership (my sister and I) that has a mix of property ownership? We would be co-owners of a 12 unit apt house and each receive a SFH separately through our father's ...
Danielle Cage
Insurance Cost Mixed Use Building - Illinois
Hi,I have my first multi unit under contract located in Illinois. It’s a mixed use building with 4 units. 3 are being used residentially and 1 as a business.The business is a studio with no equipment inside. There is ...
Nathan Currier-Groh
Mixed Use - Need Help - Can I rent apartments as NON-Residential?
It is time to ask for some help making a new strategy for my mixed-use property.Background:I have a mixed use multi-family building in a commercial district zoned as Urban Mix. I've owned it for 7 years and it has not...
Brent Salazar
STR Insurance & Holding Title
Hello BP,I'm wondering if any experienced operators out there can shed some light on best practices. My partner and I bought a home in our personal names and operate our guest house as a STR. We created an LLC to oper...
Bryan C.
How do I fight the Tenant's 30 day notice
Good evening all, I own a property in Cincinnati that is zoned as Mixed use. This means that upstairs can be residential but downstairs should be commercial. The property managers & I know this and they found a...