Sri L.
Hotel to Multifamily Conversion?
This seems unintuitive to convert a hotel to a multifamily, but from my underwriting it seems for the property I just got into contract (in the mid west) a multifamily conversion seems more lucrative than operation as...
Collin Baumann
Due Diligence Period
Hey all,So my wife and I are super excited. We are under contract on a Single Family Home with a legal accessory apartment. We are going to take advantage of this and house hack it. We are currently in our due diligen...
Julie Dillon
Vacation Rental Financing
Anyone have advice on how to calculate the 'numbers' on vacation rentals?I believe it can have a good cash flow even with the added expenses as long as the property is in a area of high rental demand and the property ...
Christian Silva
How to decide between a renovation, gut rehab, and rebuild?
Hello, I am a newbie at real estate investing... I bought a 2 flat in Chicago in an up and coming neighborhood (Logan/Avondale area) about 10 yrs ago. Newbie because I bought it as a primary home at first, but now wan...
Alain Perez-Majul
Dilemma: to install AC unit or not??
Hey guys, wanted thoughts on this:Have a qualified applicant that I have an extra good feeling about: only problem is, the home does not come with central AC (we provide new window units) and the potential tenant says...
Matthew Utt
Im lost and don't know what to do
I have made a big mistake and i think my mentor is trying to take advantage of my situation. I am new very small with only 3 units and only one unit occupied and the and nother 1 occupied but has not paid since July a...
Dylan Greytak
First house hack - Should I be considering section 8?
We're finishing up renovations on a duplex that we're house hacking and considering section 8. I have heard all the horror stories about section 8 tenants. I know that it could end up be a nightmare living above a bad...
Kyle James Horstmann
Investing in South America
I am considering possibly starting my investment portfolio in Guayaquil, Ecuador. Housing and labor is cheaper there, which will allow me to start investing relatively quickly. My in laws live there and I trust them t...
Nick Howard
First Deal Second Opinion, Cincinnati, Quad
Hello BP,Long time lurker, looking for my first property, aiming for a live in multifamily. We’ll live in for the first few years, hopefully having $1,000 per month from having no rent.I’m a bit long winded, so I apo...
James Lee
Add Unit or 1031 Exchange?!
I own a 3-unit property in San Diego on the edge of trendy North Park. It's always rented and has great cash flow and probably around $800,000 in equity. I purchased it as a single family with a VA loan and used the B...