Hello all!! I am a 44yr old married guy from Sugar Land, which is located southwest of Houston in Fort Bend County. I was recently laid off from a very good job managing oil rigs in the Gulf of Mexico. I have no re...
Hello everyone. Been wanting to invest in real estate for the longest and finally making the jump. Owned the house I live in for 10 years now and just got an accepted offer on a duplex 2/2 for 80k. The house is in goo...
I want to buy a triplex or fourplex using FHA financing but then would like to change the ownership into a LLC that I will create. Is there a time frame when something like this can be done?
Second question ties in...
Hello Folks,
I look after property for a friend of mine who's absentee. I am not a professional property manager in the strict sense that I do not have limited power of attorney--I do not collect the rents and dispers...
Hi! So glad I found this site! I'm a roommate in a rundown house about to move on after a very brief stay here. I discovered a very wealthy investor while looking for a new place to live. He wanted to know why I was m...
Hello BP!My name is G. Hays and I am new to the BP community and just taking this chance to introduce myself. I am currently in the military and discovered early on the power of real estate from renting and selling m...
Good afternoon,I am new to investing and I'm focusing on MFH. What I want to do is find little ways more advanced investors use to connect with property owners of MFH who have not listed there property for sale. I hav...
I purchased a property which had some foundation settling. At first it looked like it was simply from age but later discovered it was because of an open air drain that the property inspector missed. The water drains r...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $137,000
Cash invested: $25,000
2 single family units on the same lot, with a detached garage. Smaller bung...
I have a rental home that is paid off and I would like to get a HELOC on it for future liquidity. I have found a credit union that will do a "no yearly fee" HELOC if I just pay about $800 upfront for an appraisal. T...