Duplex next to good college that rents 8 rooms to varsity athletes. since 2007 there have been no vacancies and no serious issues with tennants. Year lease, quarterly collection. house was purchased for $170,000 in 20...
I am in the process of completing the sale of a multi-family property. I accepted an offer with the standard inspection contingency. Buyer's inspector viewed the property yesterday. The buyer was at the inspection and...
A friend purchased a condo in Miami that was offered at auction for $20,000, the amount owed to the condo association in past due fees. He tells me that the lender still has a lien on the unit. He assumed that the ban...
Hi guys, I'm a new real estate investor looking to purchase my first multifamily. I've been doing reading on deal analysis, listening to the podcasts here (Great source of info!) and everything else needed to be succe...
If I buy a house below market value, would that affect the future value of the house? Let's say a home owner wants to sell a house and is willing to sell it for the remainder of loan. Ex. He bought the house with a $9...
Obviously you guys can't tell me exactly what criteria I should be looking for in a rental property in my area, but as I'm looking for my first investment property I'd love to hear what your criteria are when you're l...
4-family under contract for 150k. Comps are a little under that number, but this deal came through MLS and under multiple offers. Inspection showed that there is probably $15k repairs that need made (roof, driveway, w...
Hello BP, I’m a first time investor and have been researching the best way to achieve my goal of 40k passive income in the shortest time period possible.I’m thinking of starting with a multi-unit house hack where I ca...
Hello BP! This is my first post ever. I have been a long time podcast listener, and I look forward to interacting with the BP community going forward. I will post a little bit about myself after my question. Of course...
My LLC has a small investment loan for a multi-family property through a local credit union. Last week, I was notified through a credit monitoring service that the lender pulled my personal credit report. I asked the ...