Damien L.
Working on first deal but it comes with tenants
Hey guys,I am working on my first rental property deal which is duplex. The overall numbers seem to be decently solid if I can get it for the right price. I would like to buy it for $85k and the monthly income would...
Mark Delgado
Cash Out Refi even if it means lower monthly net?
I live in California and I'm debating whether or not I should complete a cash out refinance on 5 properties that I own free and clear. In this scenario I would pull 60% out of each at a 4.69% rate which would result i...
Sean M.
Paint a brick house or not
I have a house built in the 50’s that is all red brick. I have seen other flippers paint the brick and I like it, but does that increase the sale price of the home, or does leaving it with the original brick bring in ...
Account Closed
Any strong opinions about Las Vegas for SFH?
Hi folks. I’m still in learning mode but starting to focus on specific markets for buying my first SFH to put to use as an investment/long term rental property.Las Vegas is one of the markets I’ve been interested in. ...
Jared Schweiss
Adding Patio to Fourplex
Hi all - I am house hacking a Fourplex with a good sized backyard. All the tenants have been very good so far, and one recently asked me if they could set up a few patio chairs in the backyard. I said yes already and ...
Tim Boeving
Payoff rental or pay down to get out of PMI
Hello all! I have a rental property that has an ARM and a our current residence that has PMI. Question is do we pay down to get out of PMI or do we pay off the rental? PMI is about $90 and interest on rental is about ...
Jeremy Porter
Striking a Balance Between Tenant Satisfaction and Property Management Efficiency
Are you tired of dealing with tenants who treat your property like a demolition derby? It's time to take control. In this blog post, we will reveal powerful strategies and expert tricks to maintain order, prevent head...
Michael Walton
First investment property success story! Buy & Hold Quad
Hi BP,First of all, thanks to the BP community for your help along the way prior to, during, and after purchasing my first investment property (a buy and hold 4 plex). And special thanks to @Joshua Dorkin ,@Brandon T...
Daniel Stanton
North of Boston multi families
Looking for a multi family north of Boston. Looking for people's thoughts on purchasing a multi family in this area right now. For a decent duplex it's going to cost upwards of $500k. In 2012 I bought a duplex in Sale...
Wayne Marshall
Is my first deal a good deal
I'm new to investing have a local investor that mentors me , I'm going to be closing on my first deal and starting to feel nervous and wondering if this deal is a good deal
Purchase price $153,000
3 units
Unit1- 1 be...