Jane S.
High closing costs! SFR to rent.
Estimated closing costs for a $450K SFR in good location, its in "ok" condition with 17 inspection faults. (There were 10 more but didnt ask seller to fix them, my handyman can do it.)And closing costs are around $180...
Sierra Hatley
I'm looking for strategies to handle a tenant situation.
I had a tenant move in on the 1st of October. he informed us on the 12th that his freezer isn't freezing. I have a warranty but they didn't have a contractor that works the weekend. so I wasn't able to schedule them t...
Stephanie Grady
What is this electrical panel?
Hi!We are looking at buying our second SF buy and hold rental property and have come across an electrical panel we haven’t seen before. My questions are... what is it? Does this mean the whole house would have to be ...
Lukas Katko
Student Housing Property, rented until May 2016
Hey BP,I've been looking around my area, and found an interesting property listing that I'd like to get your thoughts on.The seller is claiming 15k cashflow from this property. I inquired as to why anyone would want t...
Jennifer Townes
In over my head with mutli-family!
Hi everyone - sorry my intro will have to double as my cry for help! :)Here is a summary of the issue:My husbands father purchased a vacant 8-unit building under one of his companies in 2012. A while back, father in l...
Mike M.
dealing with contractors
Looking for advice on how to deal with my handyman/contractor. He is good at bringing me inside info on deals in my market. He is doing this in hopes that I will have him do the rehabs. Problem has been the quality ...
Ori Skloot
What Systems Work For YOU? I Offer You Some of My Favorites...
What are the systems you put in place that have helped you streamline and automate the management of your investment properties? I know, I know, hire a property manager. That aside, I’m curious to hear specific pra...
Scott Grover
Home condition for a VA Loan
I am looking at buying a short sale home for my family and me. VA Loan financing is preferred so I can keep what little cash I have. My concern is whether it would qualify for a VA Loan. I've done the Google search...
Steve Weinstein
Multifamily Age of Building
I am currently looking at a 10 unit multifamily to purchase. All around looks like it is in solid shape. Of course I will get it inspected. It was built in 1952 which is a major drawback for me. All other aspects ...
Account Closed
My First Duplex, and I need your opinions!
Hey Guys!,I'm looking at buying my first duplex! I currently have a SFR as well, I will be owner occupying the new property so that I can house hack. I'm going conventional loan and going to put 5% down. I'm having a ...