Hello, my name is Nikki and I’m looking to purchase my first multi-family home (duplex, triplex, or quadplex) in this area (Norfolk, VA Beach, Hampton, Newport News, Portsmouth). Ultimately I’d like to use it as shor...
I bought a foreclosure in a million dollar neighborhood. I live there and rent out the guest apartments and part of the main house. In the next few months, we're going to start the process of renovating the place so...
Two months has led to binging on the first 105 BP podcasts and reading real estate books, I’m now ready to pull the trigger. I have my first buy/hold duplex deal under contract.
My dilemma, I’ve asked five lending i...
I purchased a property in San Antonio, updated it and rented it out. All records stated that the property was 1470sq ft and I was paying property taxes based on a 1470sq ft house. The house was appraised at the time o...
Hey, everyone!
We are going to be closing on a duplex at the end of the month (IOWA), and one side of the duplex is below market value. We would like to increase the rent of this unit, but the current tenant has a m...
OK so first off I am brand new to real-estate. I am 50 yrs old, my home is paid off and I plan on retirement from my government job in 7-9 years. I have 45k in my bank savings and I want to buy 2 duplexes that would g...
I'm sure this varies based on local market conditions, but how much are you typically increasing the rent by? I only do 12 month leases so its convenient to up the rent with each lease renewal. But what percentage doe...
I am developing a tenant application and am a little uneasy asking for personal information. Many applications I reviewed while developing mine asked potential tenants for bank and credit card account numbers and bal...
Anyone have any insight on the things happening in Cleveland? Set for doom or on the rebound?
Hello BP,I am just here to post as a newer member who is like many interested in real estate in general. A little about myself as this is an introduction. My name is Mitch and I am one of those Americans who has done ...