Roy Pinkley
Military Seeking Advice on Primary Residence After Owning a Year to Reduce Loss
Hi BP family, we are a military family who moved to New Braunfels, TX and purchase our primary residence in April 2022 with the plan to stay for at least another 4 years. However, as our luck would have it, I receive...
Ben Meisel
Water issues in Chicago - huge bill
Posting this for a friend who owns a 7-unit building in Chicago. He's noticed very high water bills in the last year, including the most recent one for $6500. Finally it was determined that there is a leak in the wat...
Jodi Taylor
Information Needed - Adding Studios in Non-Conforming Chicago Basement
Hi all. I need some advice from someone with experience working with/building out non-conforming units in Chicago.I have a 4-unit 12BR4BA multi-family building (all four units are 3BR1BA) that also has a fully open 2,...
Account Closed
Terre Haute, IN
Hey BP,I've been researching various cities, and it seems like Terre Haute has a low median house price with a high median rent. My question is whether you think this is sustainable for a long-term investment. I'm loo...
Mike Verrona
Where is the value in buying a condo?!
new to real estat . Started getting my feet wet and browsing some condos in my area. I always thought the sooner you buy then sooner you own the better. But when looking at condos and these outrageous HOA fees - I jus...
William R Johnson
Utilities included in the the first 50%, using the 50% rule
I have a question regarding the 50% rule. I am looking at buying a three flat and I want advice about how to run the numbers on this building.
I understand that the 50% rule is a very good conservative way to evalua...
Annie Larner
Rental Market in Carrollton, TX
We have a potential deal in front of us for a single family home (3 bed, 2 bath) in Carrollton, Texas and are looking for any insight on the rental market in this area. Based on availability on Zillow and Craigslist, ...
Catherine Angle
HELP! Deal Analysis and Opinion
Hello everyone! I have found a listing and want to see if the numbers line up to others. Here are the details:It's a four plex priced at $390,000. We got an FHA loan at 3.5% down - already got approved for $390K (hope...
Ishviyan D.
HML - how fast can I refinance out?
My question is how fast can I refinance out of a hard money loan and what are my refinancing options? I'm guessing a cash out refinance wouldn't be applicable, but a term/rate refinance would? And if I understand it c...
David K.
Duplex near Philadelphia
Hello BP community!
Need your advice and Or blessing please!
Just sealed the first deal ever, but still have a way out if I wanted to...
Duplex in a nice school, wanted area in suburban Philadelphia ffor 250k, wi...