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Hello, I’m considering turning my primary residence into a rental and moving out of state. It’s a 3000 sf 5 bed 3.5 bath new build (2022) with really nice finishes. We bought at the peak of the market in 22, and can’t...
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Under contract for a 3-unit mfr in Cleveland. My first purchase. Purchase price is 177K.Appraisal is 138K.I cannot make up the difference with cash since I'm already at the top end of my purchasing ability.Is ordering...
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Hello,I recently got pre approved and now looking at properties to house hack in the Chicago land area (suburbs). As I’m going through the MLS I’m coming up with my questions for the realtor. My questions for you all:...
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Good Morning,We have a tenant that stated they will be late with their rent for June. They asked if they can pay $400 on the 1st and remainder $475 by the 15th of June. She didn't mention paying the late fees of $50...
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Hi,I have a duplex property in Middletown Ohio. I spent the last few months fixing the foundation of my property, but now that's been completed and my home is up for rent, but it's been sitting on the market going on ...
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Our property is in Lake County, IL and we are going through a 1st transition from 1st tenants to our 2nd ones. Tenants that moved out this month, left some damages behind (some repairable and some not) as well as didn...
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What's your most successful apartment deal?
How much money did you make?
What are the problems you've encountered?
What are the lessons you've learned?
Here's mine:
The Deal
The apartment community is called Wyo...
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Hi BP Community, I don't post often in the forums but do actively read through them. I know there is a lot of knowledge and wisdom to be gained by such a great community, so I was hoping to get some advice on a curren...
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My very first deal:Purchase price: $205,000Down payment: 11% + 2% closing costsHouse Type: Single FamilySqft: 678 (WHAT? This isn't even a tight market nor a great neighbourhood. How did I get sold this crap lol)Locat...
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Hey All,
I've become interested in the idea of a self directed IRA as I'm growing increasingly put off by my Edward Jones dude trying to convince me that a 6% rate of return is awesome. I'm also looking into the pro...