Scott Scharl
Help: ADA and Assisted Living
Hi BP,Can anyone explain how the American with Disabilities Act applies to an assisted living home? We are converting a SFR into a private, 10-bed assisted living home (our first project of this type), and I can't fig...
Trung Le
Houston- First Time Home Buyer
Hi BP Investors, I have a saving money (around 30k) and i am looking for SF Resident to buy, live and hold. Around Zip Code 77070, less than $150k would be great. This is the first time and i have no experience about ...
Hoang Bui
Raising Rent on Section 8 Tenants
Hi everyone, was just wondering how you would approach raising rent on Section 8 tenants. I currently have one inherited Section 8 tenant whose rent is about ~30% below FMR. The current tenant is paying $1,100 for a t...
Justin Ash
Failing to plan is planning to fail...
Fact.The US government is totally bankrupt, Social Security is running out of money, and that the Federal Reserve is rapidly engineering its own insolvency.How do we find value to soften the impact?How do we make bett...
Michael Faudoa
I just bought a home, now what?
Hi BP members, I have a scenario that I would love feedback on. Lets say that I just bought a beautiful duplex or triplex. I ran the numbers and they showed great cashflow and investment opportunity. The house has no ...
Nicole Clemens
Adding More Children after Lease is Signed
On June 10th aka last week, I secured a new tenant for my really nice, 3bdrm house in a B+ neighborhood. She is a woman in her late 50s/early 60s who has (long term, temporary) custody of her 3 grandchildren (ages 14...
Tim Brown
Tenant selection (picking the correct tenant for the house)
I have a SFH that I am helping my partents rent out. We have each potential appilcant fill out a general application ( contact info, work history, previous landlords, number of teants, and number and type of pets).I...
Sienna Cardona
Starting Out in Real Estate as a Younger Individual
Hello!I've shown plenty interest in real estate for a while now, however, I'm stuck on figuring out how to go through with it. The majority of the reason is because of my age and college confusion. To give some contex...
Mark Vivanco
Central Florida Home Insurance Rates High During Hurricane Season
I am searching for Home Insurance right now. Since I will be fixing up the home for a few months, I am getting the quote as a 2nd Home. The home is a townhouse. I've received 2 quotes so far. 1 for around $1350 an...
Bill E.
Thoughts on this 12 unit?
I'm considering making an offer on a 12 unit (would be my first RE purchase)with the following characteristics:
Asking price: $585,000
GOI: 95,940
NOI: 50,910
12 2bd 1ba units with rents ranging from 425-595, two of ...