Currently trying to purchase my first rental property. It’s a townhouse in a great location with a reasonable price, reasonable HOA. Your thoughts on townhouses and HOAs? Does HOAs typically go up often?
Background: My wife and I own a 4 unit property. We live in one of the units and rent out the other 3. We purchased the property just a little over 8 years ago at $189k with 25% down at a 3.75% mortgage rate for 30 ye...
Hello Team,I recently closed on a 3 unit north side property and have a 2 car garage that has been unused for the past ~10 years, sitting on $250/mo of potential income. The issue is, the garage lift door was install...
Trying to price out contractors that build over existing detached garages. It’s hard to find. Ideally I just want the shell built and I can finish out the inside myself. I also hear that sometimes building a garage ap...
Hey BP fam,
I am new to the real estate life. I recently came across a property in my area that has the power company on the deed. how would go about try to buy or whole sale the property?
Any investor in the northw...
I am in the early stages of buying my first rental property. I was recently approved by a lender and when I asked the lender about lending to the LLC, his reply was to just buy it in my name and transfer it to the LLC...
I'm getting to the point where my current process for getting realtor opinions for AIV/ARV is painful. What is your process for getting pics of the property to assess current condition and a BPO? Do you use someone ...
So I'm looking at a house that needs a lot of cleaning. See pics of before, after, and side by side.
I'm told the house has been vacant for a while (2 years) and its being offered for sale ~$100k. Comps show sales ar...
I have owned several single family homes throughout the United States. I have never heard of or encountered something called a Front Foot Benefit Charge (FFBC) until I moved to Anne Arundel county, Maryland.
This ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Minneapolis.
Purchase price: $389,900
Cash invested: $24,000
I'm currently house hacking a duplex. The rents cover all mor...