Andrea Lopez
Should I pocket my cashflow money or use it for principal payment?
Hi all, I'll be closing on my first 2-family this week and did some initial estimates and realized I'll probably be positively cash flowing anywhere $200-$500 a month. I'll be moving into the basement next year and wi...
Zackary Hirt
Starting out with a primary residence or investment property?
Hi,I live in Central Indiana near Kokomo. I'm trying to get to the point of buying a rental property. I am only 21 and currently do not own any property...not even a primary residence as I still live at home with my p...
Dave Clauson
Property Manager Keeping You Infomred
I purchased a turnkey property last fall and was told they would keep me informed of what was going on with the house. I haven't worked with a property management company before. When your property manager rents your ...
Stephanie Danos
Single family vs Multi family in NJ
Hi everyone! I'm currently in the process of saving up for a down payment, reading as much as I can about investing and looking through homes for sale. I was wondering what your take was on investing in multi family h...
Susan Tan
Do I need an inspection report if Im buying a fixer upper from a wholesaler?
The water & electricity are both turned off on this fixer upper property that I have under contract with the wholesaler. Do you recommend that I get an inspection report? I plan to hire a GC to manage all the diff...
K S.
Request buyers agent dual agency?
I'm not interested in a real estate agent and the longchain of communication. I'd prefer to just have the buyers agent in a dual agency. Is there a way I can list my property without a license or FSBO? I know I can li...
Fredrick Hock
Condo Insurance: is it necessary?
Hello,I recently put in an offer for a condo that I plan to rent out to tenants (I will not live there), and would like to know if I need to purchase condo HO6 insurance since the HOA provides an "all-in" master polic...
Jason Coleman
First Airbnb Arbitrage
Just wanted to post that I dragged my feet on airbnb arbitrage for over a year. Wasn't too crazy about the active management side of this business. Ended up connecting with a guy through a mutual business owner. We en...
Roseann Koefoed
Stuck in an unfair laundry lease
I just closed on 24 units in Illinois. I found out at the closing table that the Seller was passing to me a completely unfair laundry lease with Jetz. 10-year auto renewals if I don't provide 365 days' notice to can...
Warren Robinson
Military area vs. non-military
Good morning BP, I recently retired from the military and now living in the Dallas area. I am looking into multi-family homes and always considered looking around a major military post given the fact that there are al...