Jerry W.
A GOOD DAY
Just thought I would share one of my good days to help balance out one of my earlier posts of "Had a Bad Day". In that post I told how on January 1, 2016 I borrowed a friend's brand new trailer and went and bought 50...
Keith Sehi
LLC for properties different states
I currently have a llc in Illinois but will begin construction for a str on kentucky lake. Can I put the kentucky property in my illinois llc or form a new one in Kentucky. I currently don't have anything attached to ...
John D.
Why am I selling? Should I be doing something more strategic?
Thanks in advance to any/all feedback. I presently own a two family rental in the North burbs of Boston. I have a little over 100k in equity but the market here has been crazy and I was thinking of selling it to buy...
Account Closed
Financing a 3 plex or 4 plex on first deal
Can you get a 3 plex or 4 plex with an fha or conventional loan? I was aware you are suppose to have the intention to occupy 50 percent of the dwelling for a year so a 3 and 4 plex was out of the question however i kn...
Moon Molson
Just Got hit with a Nearly $500 Tenant Water Bill!
Philly Landlords,
I am paying the water utility on my East Kensington duplex and just got hit with a $485 water bill (when it averages $112 in the summer)! I sent the plumbers in, and they found a leak in the wall du...
Trey Leigh
What would you do with this?
My partner and I just bought our 5th SFR since starting here in 2011. We purchased it from a bank for 42000 intending to rent it at 800/mo which is very much possible based on our other homes. We put 5000 into re...
Nina Granberry
What do you do with your cash flow?
Hi BP Community,This year in June I purchased my first buy and hold property - a duplex. I know that it is important to have cash reserves set aside for unexpected issues that may arise with the property. However, sho...
James Green
Tenant lied on application
I have a new tenant that's been in our unit for a month. On her application she stated that she had no dog. We recently found out that she has a dog. On our application any pets have to be approved and that there is ...
Lane Cooper
Your thoughts on house hacking?
Just wondering what everyone’s thoughts are on house hacking. I have a few friends that tried it out and it worked really well for them. If someone was to do this should they shoot for a duplex or Quadplex? Is it wort...
Jeremy Scott
Contractor Advice
Hello,I am finished with my first rehab and the home is now under contract. Thankfully, we will make some profit but I have learned something about contractors: they always OVERpromise, and they UNDERdeliver.In our sp...