Hello, I am new here. I am looking at a a 6 plex around 1.1M. I want to know what kind of loan I should go for assuming everything is check out. I have enough to put 20-30% as a down payment with ~800 credit score. I ...
I found an off-market mobile home park and would like to get other people's opinions on it.The owner is retiring after having owned it for 40+ years. All homes are park owned and it wasn't marketed well from what I ca...
Hello Everyone,I am questioning whether installing Water Softeners into my rental unit in Mound MN is worth it. Here there is a 25 GPG hardness and .2-.8PPM (not sure specifically what my rental has), which leads to b...
I currently have this property under contract, expected to close within 3 weeks. There's a tenant that's month to month, rent is at least $800 below market rent, so I told the seller I need that unit to be vacant. He ...
I am calling BS on agents saying ‘major room for rent increases.’ I have not bought a rental property (yet), but I’m researching the possibilities. I am highly skeptical that a new owner can just come in and say ‘hey ...
Hi BP! I'm currently looking to purchase a property in Birmingham, AL to buy and hold. I know that this market is currently great for this strategy, and hope to find a property that adequately cash flows. Ideally, I ...
I have an STR and usually book it out for shorter stays like 1-2 nights at a time mostly. My cleaner recently mentioned she would like to get paid more for longer stays that are like 4-5 days. Should I pay her more $...
Good morning BP,Thank you in advance for reading my post. I have over the past 10 years acquired 23 doors consisting of sfh and duplexes throughout Florida. Right now I'm working on a 40 unit about 4 hours from me whi...
Hey all,
I'm young, 28,single, and will have $200K to work with. I am currently debating 2 life plans.
Plan A: Earn my MBA ($70-80K over 2 years, living expenses included), increase my earnings(+$20K/yr), and pur...
I own a property where I rent out the lower apartment while my wife and I live in the upstairs one. Consequently, I see my tenant quite regularly. I've had issues with this tenant in the past, as discussed in a previo...