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This is a duplex in Youngwood, PA, a suburb of Pittsburgh, PA, that I have under contract for $80,000. It needs some work, including a new roof and a new window in the basement. It also can use some paint and flooring...
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Hello BP community! Just recently closed on my 1st
investment property (Duplex located in Amesbury MA). Me and my partner are implementing the BRRRR strategy and plan to hold on to this property for a good while. Id ...
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I've been looking to invest in some real estate syndication deals. I've met with 15+ sponsors, guys who do deep value adds (low if any initial cash flow in the first few years, but higher IRRs upon exit) to more manag...
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New tenant move in to a 1970's apartment which has the lovely popcorn ceilings. Two weeks after moving in she is freaking out and wanting to know if there is asbestos in the ceiling. I emailed that although that unit ...
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Hello BP Nation,
I have a rental in Austin area with about $130K equity in it that I can't get a Heloc on because Texas laws on non owner occupied properties. I get a decent $400 per month cash flow on it, but it's ...
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Hi All,
I am working closely with a company to identify what key factors are most important to us when choosing a Property Management company. I own 6 doors currently and know what I think, but I would love to hear w...
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Start Small and make your big mistakes Early.
Deal breakers- market, finance, zoning, footings, road type, water/sewer availability, Storm sewers, Storm retention ponds, over Analyzing, too Greedy. Everything else yo...
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Hi there!A little bit of a random question-I'm big into the sharing economy and invest in and run Airbnbs and have done so since 2013.Just last year I got into sharing a 2017 Outback 37' travel trailer. Right now we u...
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How would you recommend handling a lot of demand on a rental property? I put a listing up and after 24 hours I have five visits scheduled. How would you guys recommend I handle the process?My thought was to give tenan...
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Hello All,My name is Charquis and I am in the process of purchasing a new home and turning my current home into my "first rental property." I have been told that I should form an LLC before gaining a renter? I am not ...