Justin Husband
Upfront cost for higher return vs immediate occupancy
My question is this: should I try and get a tenant in my rental as fast as possible or spend the upfront money to improve the home so as to have it appraise more? This way I can get a bigger sum from a cash out refi...
John Yoo
2 or 3 unit/ Single Room Occupancy (SRO)
Hope someone has an experience who can shed light to my question. I am looking at a 2 unit multi family property that was approved for SRO designation (10 bedrooms). i should be able to get a residential loan, but a...
Peter Lysiak
Certificate of Occupancy issues due to "hoarder" tenant
I'm working on a deal with a "hoarder" type of tenant in the property. It's not as bad as it could be, but this family has definitely accumulated items for quite some time and the hallways/rooms are filling/filled up....
Tony C.
Apartment Due Dilligence Turns Up Missing Occupancy Permits
Investors, I’m in the processes of purchasing an apartment building and during my diligence period, I've turned up over half of the tenants do not have occupancy permits on file with the local agency. The previous PM...
Sam McClellan
owner/occupant in duplex - rent to section 8?
Hey BPers,I just recently closed my first deal: a duplex in Oakland, CA where I am living in one unit and will rent the other. I also just put up a listing advertising the other unit, and got a quick response from som...
Darish D.
Selling Trustee sale property with owner occupant renting
Just bought a 200K home at the court steps (I'm sole owner and a real estate broker). Made a mistake as the area is not good to leave a home vacant. I told the owner her options (cash for keys 15 days, eviction or...
Eric Swope
Creating a LLC (owner-occupant with FHA Loan)
BP Community,I am planning on using a FHA loan for a "house-hack" situation in the Pittsburgh area after I graduate college this spring. My intention was to purchase a duplex with tenants on 30-day leases so I can re...
Natalie Kolodij
Does any one have a non-occupancy contract ?
Hey guys,I am purchasing a home tomorrow with a smaller family owned park- and although they've never done it before they were willing to allow me to own the home to remodel it. (even though I'm not 55+) Because I tol...
Dee Clark
Advice - First time bidding on Hud owner occupancy
I placed a bid on a HUD home on Monday.The listing opened on 3/29. This house is probably going to get a lot of bids because it's a good deal and since we went to see it a couple times, people were either there, leavi...
Chris Kuropatwa
Best Place for AirBnb & VRBO Occupancy Rates
Hi All,Can you guys recommend a reliable source to find occupancy rates by area/town for Airbnb and VRBO? I'm a new (again) investor - long story for later - and am researching vacation and short-term rentals as a pla...