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Tell me about investing in a small(-ish) hotel. I'm talking something in the $1-3 million range, 25-60 rooms. I realize this is as much a business as a real estate investment. Is this something that requires consta...
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Hey guys,
I'm obviously new here but I have a few questions. Any advice/guidance would be appreciated (even if it's simply "go read this site").
I'll go from easy to hard:
- Am I correct in assuming that I would fin...
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I'd like some replies from BP members on a hypothetical question. These are really wierd times with unprecedented changes occurring in the economy regularly.
Here is the question. If someone has done all the nec...
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Greetings. Just purchased my first Triplex and it came with tenants. I didn’t meet them during the home buying process. What’s the best way to introduce myself? Should I simply knock on their door? Should I write a l...
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Hello,
I bought a multi-unit property in August 2012. The ex-owner of the property signed a 5 year leasing contract with Coinmach for washer & dryer which I'm not aware. The contract will end in 2015. I don't wa...
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Hello, I am learning about real estate and I think my first step into the world of real estate and was thinking about getting a traditional FHA loan and then heard on the podcast about something called a 203k loan. I ...
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I am currently looking at a 4 unit MultiFamily that will be upwards of 900K. How much cash flow should i reasonably want (after accounting for vacancy, repairs, capex) that makes a deal like this worth it? I see Brand...
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Hello BP community! One of my rentals in Houston, TX developed a water leak over the weekend. My handyman initially thought it was from the washing machine but it turns out that it is coming from under the floor. I'...
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What's everyone's opinion on buying home warranty for your rentals??? My real estate agent suggested it. I never really thought about it...... Any input would be great!
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Hi everyone, I just discovered this site a few days ago and have been doing a lot of reading and have learned a LOT. My question is regarding the 50% rule - my understanding is that it is a fairly conservative ratio o...