Tony Ngo
Tenants moved out - repair/damages questions
The tenants stayed at the property for almost 5 years. He gave me a notice to move out four days ago. He bought a house and moved out. I came by last night to do a walk through. The house has damages (blinds we...
Chris Reece
New Guy From Los Angeles
Wow! This site is fantastic. For an information addict like myself this ought to provide lots of fixes! My name is Chris and I'm from Los Angeles, CA and I'm looking for all the help I can get.
Currently I have a fe...
Christine Kwasny
4-plex with fire damage: a great place to burn money?
I am currently negotiating a purchase of a victorian 4-plex.
The pros:
Amazing location in one of Portland's hottest neighborhoods.
Immediate upside potential-rents could handle a 20% increas w no improvements; 30...
Kai Van Leuven
Are Mobile Home Parks the most Over Valued Asset Class?
I have been looking to buy a Home Park for probably the last 10 years. I have seen over that time a huge increase in values and shrinking cap rates. It has lead me to think it could be the most oversaturated and overv...
Jack Plantin
Too risky to convert and rent out illegal basement unit?
I'm in the middle of an deal for a legal two-flat in Chicago with FHA financing, but the numbers only work if I convert the basement into a livable space. FHA loan + expenses is $3000, Rental income with 2 units is $3...
Michael A.
Seasonal Condo Success?
Has anyone had success buying holding and renting out seasonal condos? What have been your major challenges and/or successes?
Chris Frydenlund
Buy & Live In First Flip
My wife and I want to get into flipping houses. We are thinking about buying a fixer upper that we can stay in while we remodel it.We live in Houston, TX/Galveston, TX area and have 15K in cash, so we'll need a loan t...
Joe Gravelle
Out of State Investing via a turnkey operation
Hello BP'ers,I am looking into investing out of state, specifically in Memphis and maybe Dallas. Has anyone had much success in this market? If so, what price points. I am looking into using one or a few of the turnke...
Jake Gaines
Turnkey Properties? Yea or Nay?
REI'S! What are your opinions and/or dealings with turnkey investment properties? I have been looking into a couple of companies that specialize in turnkey properties. Are these good properties to invest in? If so, ar...
Aaron Gomez
Should I borrow from 401k to purchase Bay Area home?
I have a sizeable 401k but my Bay Area rent is putting a damper on my ability to save quickly. I'd like to buy here and potentially house hack, but it seems as if I'll be saving for years if I rely on only my savings,...