Have any of you come across FHA’s supposed rule that you can’t buy a 2-4 unit property if the unit you plan to owner occupy is significantly smaller than the residence you currently own or are moving from? What are th...
I posted a few weeks ago about my rental property being worth 120k and trying to figure out my cash flow then the discussion led me to decide if I should sell or keep it to get out of debt.
I sold it for 125,900 and...
I have a very capable 22 year old son who is a 3rd year electrician apprentice. He has no debt (including NO credit card, school and automobile debt). He has managed to save $35k with a small $2k emergency fund living...
To start, I’m not someone that can take their thoughts and feelings and convey them in a helpful way. Literally last week my wife asked how I felt about something and I said I got the same good feeling I got another t...
Hi all,There is a property in New Britain, CT that we are interested in. Unfortunately, we are unfamiliar with the area and don't know which areas to stay away from since we know the town has an above average crime ra...
We have a rental property where a married couple is living in the home. They're separating, and the husband moved out of the house. The wife is now the only one there, and she let us know that she wants to put the lea...
So I'm going to be replacing four clogging-prone toilets as I refresh the bathrooms, the first one being over Christmas because one student is leaving after finals and my own kid is actually moving into that room.I've...
I own a single house with two separate residences (separate everything). The upstairs is rented to an extremely nice couple, quiet, they have the garage and much nicer overall setup so they pay $1200/mo. Basement su...
We just closed on our first deal of the year. Last year, we closed on 3 100 unit complexes (they were closed with our own capital), and this deal is a small one, but a good one!
4 units all three beds
$575,000
All...
Hello to everyone on BP, this is my first post so far and i just wanted to know some general information that i couldn't find when i was searching in the forum's. As a future section 8 landlord, can you decide that y...