Joe B.
Bought first property, now what ?
Hey all I bought my first property for $190k. PITI is $1200. It is a 3/2 single family home. I am renting out 2 rooms for $925 and I am living in the last room. I am also laying $600 towards principal. My question see...
Jasraj Singh
Does laundry machine company pays us for using their machine??
If i keep laundry machines in my apartment for tenants to use will that laundry machine company pays me for keeping their machines in my apartment?
Nich J.
Insurance for Triplex
I have a Triplex in Minneapolis that I recently purchased, and I'm questioning if i'm working with the right people and have the correct insurance policy on it. I told my agent all I wanted was a policy that allows m...
Brooke Dyer
Investing in Residential Construction?
It seems like there hasn't been much discussion about new residential construction projects and the opportunities they offer. Given the potential for high returns, customizable involvement levels, and significant tax ...
Blair G.
What should property mgt cost on a 32 unit/annually
BPers,I am analyzing my first apartment deal and find the PM costs suspect. The sellers claim 6k a year for 32 units that bring 240k in rents. Can this be true?Does $620/door sound adequate for a 1.2mil asking price...
Paul Martynov
My lender said San Antonio Taxes and Insurance are too high
Hi everyone! My lender is about to prequalify me for $200-300k, and I target Texas, being living and working in California, LA, so an out-of-state investment. I have a suitable lender that can qualify me in any city o...
Ray Reed
inherited 85 year old tenant but rent is way below market
Hello BP,I recently closed on a 5 unit property where all of the units are way below market. With the current rents I am operating at a $200 monthly deficit. All of the residents are on month to month leases and this...
Sergey Pshenichkin
Advice for a renter with low income and 2 kids?
Hey BP folks! I'm a longtime fan, first time poster. I actually just bought my first home last year in Montgomery County, Maryland (a condo with a low condo fee using an FHA loan, not a super great deal but very reaso...
Jill Rossi
How much is new construction in Raleigh/Durham?
Hi all! I'm looking at a house in Durham that's going to need an addition, probably 600 sq. ft. What does it typically cost per sq. ft. for new construction/addition in Durham? ARV should be in the mid 200's. Than...
Sieanna Ariel
Owner-occupied 203k Multifamily
If one is to go about real estate using a FHA loan specifically the 203k for rehab and purchasing, what will cover the owner-occupied expenses the first year? What happens during the one year period of occupying a mul...