Matt B.
No heat and water in rental property
Hi All,I own a rental property in a condo development in NYC. One unit a few condos away is vacant (owner was foreclosed on). There is not heat in that unit and the water pipes keep breaking. As a result, they had to ...
Jonathan Jaime Velarde
Share Your Turnkey Experience!
Good Afternoon,
My first purchase is potentially going to be a turnkey property using a team that will handle everything thus making it as hands off as possible.
I want to invest in great cash flowing markets for t...
Matt Michaels
Chicago Duplexes Costing Models
Hello BP community!Quick background to provide context. I am a multi-family real estate investor currently living in the Pittsburgh area. I bought my first duplex in 2018 and house hacked it, and then moved to my seco...
Luke W.
Increasing Section 8 Rent (Under market value already)
I purchased a duplex in October that has section 8 tenants in it. I haven't really had many problems with it, other than a minor electrical one (had to change a plug to get the circuit to work), but I believe the prev...
Joseph Mulero
First House hack at 29 years old and looking to further my investments
Hello All!I am new to the real estate game. I have been tapped into bigger pockets for three years prior to my 4 plex purchase. I am house hacking paying about 500 to cover mortgage. I do work a full time Job in bl...
Raquel Brown
23k to refi??!!!!!
I’m at a total lost right now! l was just told I would have to pay 23k to refinance a portfolio rehab loan on two properties. they are only lending 70% LTV, my rental rates are $1785 and $1985, but the market rents in...
Shaheen Ahmed
Positive Cash flow
I picked Las Vegas because it’s close to me and California is out of reach. I see lots of properties on the market but almost none of them makes the .5% let alone 1% rules, so why would any investor buy them? In most ...
Nathan Gesner
Biggest reason for losing money?
I know: turnover is the biggest expense. But let's be more specific. Is it:1. Time sitting vacant during turnovers?2. Losses due to excessive wear-and-tear?3. Maintenance or capex?4. Expensive property management?5. M...
Gary Waldron
REI groups in the Pacific Northwest
There are two REIA groups I am interested in joining, REIA, the Real Estate Investors Association of Washington and The Real Estate Association of Puget Sound (REAPS). Has anyone had any experience with either of thes...
Matt Huss
Quadplex? Apartments? College Rental? HELP!!
Hey All, I am a local Residential Agent here in Tampa, Fl. I have a decent amount of cash saved up ready to be spent on a downpayment for my first investment property.
Problem is, I don't want to take the traditional...