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Dear BPers
If I decide to go for a deal with three duplexes sold together, should I apply for residential loan or commercial loan?
Am I right the first step is to meet portfolio loan officers in local community ban...
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Good evening, Bigger Pockets community! After reading a number of books and blog posts here, BP has convinced me absolutely that House Hacking is THE option I need to be pursuing as a fledgling would-be investor. Now,...
Hi bigger pockets family. I need advice! I worked as a corrections officer for 23 years. It was awful and I had no pension. So I quit. My wife supports us right now. I'm 47 and for the first time have no w-2 job. I to...
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Should I separate the water and electrical meters that are shared between 2 units? I feel like in the long run it would be beneficial because I wouldnt have to worry about paying the utilities and I could lower the li...
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Hi,
I've been looking into this. A number of duplexes in Florida. I could do LLC for each one (annual fees are minimal in Florida) or I could group properties. It would be multiple person LLCs -- so they cannot be ...
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I own a duplex where I pay all the utilities for the tenants. Each unit rents for $700, but I added $175 "utility charge" each month making total monthly rent $875. Historically, total utility costs have been right ar...
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I recently just purchased a duplex that has a garage in the back.
Both units are rented and the garage is rented to the neighbor. The first floors electric is tied into the garage, and I'm looking to put the utiliti...
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As I’ve learned more and more about real estate, I’ve come to the conclusion that I have no interest in flipping or doing a full rehab on a property I’m interested in. I’m taking a “buy and hold” strategy with tenant...
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Hey BP family,I am pretty new to the RE world. I have one property that I bought, flipped, and now rent. When I flipped it, I close to doubled its value (it was a real dump) and now I have a full time renter, and the ...
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I have an existing tenant (inherited) that utilizes the Section 8 program, and I have had a great experience to date with the program/tenant/housing authority. I currently have a vacant 3 bedroom house I am looking to...