I'm at the point in investment portfolio where excel spreadsheets just don't cut it. I currently have 26 units and will be acquiring 22 more within the next few months. I"m sure this topic has been discussed befor...
Good Morning All,I retire from the military in late August. My father owns two homes right next door to each other. One is valued at 225K the other at 240K. Each one has been converted into a two family. My parents li...
I could use some good advice from the very knowledgable members of this board. I found a gem of a MH park that I "might" be able to purchase. It is 15yrs old, on approx 15 acres of flat land, city water/sewer, very ...
I've got a package of 3 SFRs under contract. All 3 tenants have been in the houses for 10+ years and have not seen a rent increase since they moved in. Current rent is $700Market rent is $1000-$1050 after I go in an...
We found an off market deal that is in pre-foreclosure. What are some things to search for before making an offer? What could pop up that we may have to pay for once making an offer? The owner seems clueless and just ...
Hello all,Background:My wife and I were recently walking around one of our favorite neighborhoods and some of our friends gave us some info regarding a house on their street. It has been vacant for 1 year due to a old...
Situation; Elderly Seller bought their Triplex home for around $350K Many Many Years ago. She lives in One unit and rents out the other TWO Units. Today its value is around $1.4M +/- She has discovered that IF she se...
Hi there! I've connected with a realtor in Ohio that often gets off market deals. There's a 21 unit off market deal available and the spreadsheet he sent to me has a lot of information with the cost, rental income, m...
(posting this for a friend who’s not on BP)
Situation: My mom and dad have big hearts and made a nice gesture but unsound “personal finances” decision years ago. My mom runs a charity and to ensure the loan would be ...
I'd be interested in hearing from members who have purchased or sold properties subject-to existing mortgages. What's the longest time you've kept the existing lien in place? What agreements did you make as buyer or...