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Sadly my amazing tenant passed away from natural causes; she did not expire in the rental unit but at a senior living home. My rental is in Palm Springs, CA and I was wondering if anyone had any advice of what to do n...
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Hey BP community!Today I had to call the cops on some teenagers who were presumably skipping school and breaking into the vacant duplex next door. Quick reminder. I am house hacking a duplex at the moment and I moved ...
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A ton happens before a deal makes its way to an investor in a syndication. First, the deal has to go under contract, and then the due diligence period happens, in this post we’ll talk about these 2 phases of purchasin...
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I bought my first small multifamily BRRRR deal in January of 2019 and started collecting rent for it in October of 2019. I am assuming now that I own a property, it would be wise for me to get a CPA because I have hea...
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Hello All,My name is Kristina Murray, and I am planning to relocate to the Cincinnati area from Los Angeles. I am looking to purchase a 2-4 Family Unit, with a max cost of 200k (FHA Loan). I am hoping to gain insights...
My wife and I are ready to purchase 1 or more rental properties in our area. We can buy the rental with all cash but are also wondering if its smarter to finance 2+ homes (but we worry about high mortgage rates) and u...
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Currently getting a second conventional loan on a 2 family investment property (25% down). So basically I went through a local mortgage brokerage firm and the loan officer all along told me I was paying 1% in point fo...
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After speaking to many brokers and listening to numerous experts on BP I realized that if I wanted to accelerate my growth I was going to have to source deals on my own to start. The following is what I did to find an...
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Hi, I have opportunities to fix and flip on Long Island, NY but unfortunately do not have the cash for it. I am new to the business and do not have any experience in flipping properties. How do you recommend I get sta...
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I have a question? I understand the 50% rule for the most part but am unclear about what expenses it includes. If you purchase a property and rehab it completely is it safe to assume your expenses will be slightly l...