Hi. My fiancé recently agreed to a contracting job to renovate a house we plan to occupy. I’ve grown a bit concerned and in need of some advice.
They were recommended by a real estate agent from this website. They s...
Duplex:
-Purchase price: $155,000
-600 sqft 2/1 each unit
-1979 concrete
-Rents for $1,000/unit/mo
-PITI is $940/yr
-Property management fee: 7%
Option 1:
I've put probably $25,000 cash into upgrades and rep...
Hello BP family,
I've finally finished my granny flat here in San Diego, Ca. and have a tenant in it at this time.
I'm now planning on adding a couple of bedrooms and a couple of bathrooms to my primary home and a...
I've found a good property in my state WA. It's a HUD home and the numbers look good. How difficult will it be to put under contract? Is it as simple as placing a bid or are there other extenuating factors.
T...
Hi All,
My business partner and I have signed a contract with a construction company for the purchase of a brand new quadplex in Texas. The closing date is Aug. 30th and our lender just told us the loan did not pass ...
I've heard a few tips about excluding certain appliances, putting language in the lease related to maintenance calls, or being really choosey about tenants in the first place. What strategies have you had the most suc...
Hello BP multifamily experts and mentors,I wanted to run my first investment option with you and get your take, as there are very few in-person real estate mentors in my area. I went to see this property recently wit...
I'm in a situation I haven't experienced before and looking for some input.My father owns 5 undeveloped acres on Long Beach Washington. He was originally looking to sell it but I approached him with the idea of dropp...
Hello BP,I have an off-market double wide mobile home in El Reno that has been offered to me. I'm trying to decide if this is something I should consider buying as a rental. Any insights would be appreciated. 2010 ...
Looking for any insight from experienced landlords.
We have tenant who is consistently complaining of maintenance issues, even once repaired, states that we took too long to address, "don't care about my families hea...