Kahleb Kelsey
Bay Area Multi Family
Hey y’all! I’m a newbie who live just outside the Bay Area in Vacaville, and am looking to branch out. There’s a potential deal in Berkeley (a fourplex that needs reno) which I’m looking into. The numbers all look goo...
Tyler D.
It is just me, or are there a lot of people waiting for a crash?
I've lived through the 2000 and 2008 crashes, but wasn't in a position to take advantage of them. Both were similar, in that most people were taken by surprise, and a few who were in good positions swooped in and took...
Jake Denning
First Small Multi Family... Help please!
My partner and I are currently working on a triplex but I am having some difficulties justifying everything because of the SOW. The Triplex is in pretty rough shape, there are two units which are stacked (upstairs and...
Dean Kao
Rent Control/Lease Problem
My friend is in a weird situation. Lets call him Frank. Frank's friend Todd lives in a rent controlled building. Frank moves in with Todd and the landlord put Frank on the lease through an addendum. The addendu...
Len Roche
Tennant divorce, wants out of lease
Hello! Long term tennants are going through a separation (4yrs). The wife wants to move out with the children and have her name of the lease. There has been a lot of fighting and she wants to move out at the end of th...
Leah Roberts
Flip home kitchen...complete gut or just replace doors?
Hello,My husband and I are about to close on our first flip in NC. We have all of our contractors and work lined up to start when we close March 4th. We are a little hung up on the kitchen. The home was built in the 7...
Nancy DeSocio
Does more parking add value to a property?
Hello BP community!We recently purchased a 4-plex with a driveway that is big enough to park 4 cars but only two units have a parking space (otherwise, they'd all be blocking each other in). The parking spots were al...
Nick M.
Judgement lien: Question on resolving
Hi All,I'm purchasing a New Jersey quad at a short sale cash price of $255K. The seller owes the bank circa $280K. We went into contract in March 2016, with an inspection shortly thereafter. Few weeks ago I learne...
Derek Snyder
How much to take out of security deposit for drugs + damages
Hello all,This past week, I had a renter move out who has been great until now. After he moved out, we noticed a few things wrong. First, the whole apartment smelled like pot (illegal in Indiana), then we found some o...
L.D. Stauffer
New member from Utah Moving to Indianapolis to invest
I'm 33 years old (born in 1983) and never went to junior high or high school. I have a 3rd grade education. At age 29 I found myself supporting a wife, an ex wife (child support) and 2 kids on food stamps and working ...