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I bought a 1400 sq ft 3 br 2 bath HUD home in late 2012 for ~$130k after closing costs in Puyallup WA on a 15 year fixed mortgage at 2.875% interest. (Why 15 year? Wife listens to Dave Ramsey and the difference was on...
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Why do our renovation expenses seem to be so much more expensive than investors I hear on BP podcasts or at conferences, etc.? I hear investors repeatedly quoting renovation expenses of value-add apartment renovation...
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Owner is selling because she is up in age and wants to retire. Sale Price $25,000Closing cost $2,000Total Acquisition $27,000It is currently occupied with tenant. Tenant exceeds...
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Hi BP,I JUST BOUGHT A 10 UNIT APARTMENT BUILDING!! NOW WHAT DO I DO TO TRANSITION?? I am closing on my biggest property yet (10 units) on October 15th. I am uncertain as to the exact steps to follow when you transit...
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Hello,I am remodeling my multi family house (3 flats) to modern. Currently has window A/C and radiator 2 of the units. One of the unit already has central AC.I’m really interested in HVAC, however no existing ductwork...
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I currently have 3 single family home for long term rent, and they are all in Houston. All single-family homes built in 2009~2015. I purchased through a local realtor that I know for years and I have been managing a...
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Hi everyone. I'm a new member here. I've been heavily considering investing out of state. I currently work in real estate sales here in CA but I also do some personal flips in the Inland Empire (San Bernardino County)...
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There's a popular post circling about why direct booking sites for STR/MTR are overrated. Although the author makes some good points it skips over many of the benefits and how the risks can be mitigated.
Owning Your ...
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Hey all,It's winter time and the oil is flowing. This gives me plenty of incentive to find a way to cut some of these heating expenses. Most of the time when the topic of submetering heat is brought up the consensus i...
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I'm a 52 year old new investor (I guess better late than never). I am leaning towards investing in out-of-state rental properties (either SFH or small multi-family to start) to create some passive income that I can co...