Ayodeji Kuponiyi
After buying a SF can I immediately purchse a Multifamily?
After buying a home, how soon can I go to a local bank to get qualified to purchase a multifamily home? I currently own/owner occupy a duplex that has no mortgages and I plan to refinance it to purchase other multifam...
Brandon Weigel
Average Multifamily expense
Hello, I am new here and had a question I am hoping to get some answers on. I recently reviewed some details on an 8 unit property and I am curious what everyone averages for expenses on smaller Multifamily apartments...
Mark Broadway
Analyzing rental properties
A recent video posted talked about analyzing rental property. Basically, $100-$200 after ALL expenses, a cash on cash return, and IRR. Realizing you can't just use one exclusively, how do you look at rentals when le...
Gavin Mckinley
Should I sell or rent out this property
Hello, About 8 months ago I purchased my first property that I am currently living in. I would like to start accumulating rentals, trying to cut down expenses I have decided to either rent or sell my current place. Re...
Jim Johnson
Park Owners Filling Lots
So much has been discussed concerning the problem of filling lots in your MHP that have no homes on them. Well, we might have figured out how to solve this in at least one of our parks. Over the past 6 months or so I ...
Moad Alrubaidi
New member from Virginia
I recently moved to northern Virginia and bought a condo a couple of months ago as a residence for me and my family. I am now looking for opportunities in real estate but the market here is too expensive... I am looki...
Ali Ahmed
Adding additional bedroom in 2nd floor a good idea?
Hello folks,
I have heard from the podcasts here on BP that adding a room is an opportunity to increase the value of the property. I don't see this as a big expense if it were on the first floor but what if it were ...
Leigh Sershen
Triangle area - North Carolina. Rental Property and taxes
Newer Landlord - have done my own taxes historically and felt pretty confident in them. Not as much now with a rental property. I am HUGE on using people who are recommended (for just about anything). I don't like tak...
Eric Mcginn
STR in San Bernardino mountains
Hey everyone, I recently got a fantastic little mountain chalet in Rimforest, Lake Arrowhead CA We mostly got it as a personal get away and long term flip/sweat equity builder, but are interested in doing Airbnb. I fo...
Lance Borden
Making the numbers work
BP nation,In my market, turnkey (rent-ready) homes are going for $140K - $150K and renting for around $1 per sf. Now - you can get a distressed property for $110K - $120K, but by the time you fix the foundation and gi...