Jacob Chambers
LLC or Umbrella Policy
Hello BPers! This is my first post since becoming a member. I'd first like to thank everyone for being so forthright with your experiences and helpful advice for newer RE investors like myself. My questio...
Michael Johnson
Has anyone ever considered taking down the divider in duplexes?
I just feel like it would be cool. But im unsure if it is feasible let alone productive. Get a duplex rent it to people on both sides. when they move out tear down the wall.. put a huge area rug in the middle of the n...
Anthony Fiorini
First Deal: Move in Ready or Distressed
Hey BP!
I wanted to put my thoughts to paper and hear what y'all think.
So here is my situation. I currently live in an apartment in Lakewood, Ohio (renting) and I am looking to purchase my first property within th...
Alex Rodriguez
Tenants son severely damaged unit
Hello everyone, I just acquired a 4plex in Sacramento California which has a unit that has had the renter in there for 10yrs current rent is 900 Market at about 1500-1600. During the inspection It was obvious with the...
Carlos Lez
Co-living house and tenant not getting along with other residents
I run co-living houses in San Jose CA. I have 3 students living in 3 different rooms of a SF house. Bathrooms and kitchen are shared.One tenant writes :A confrontation occurred because I kindly asked a roommate to cle...
Roman G Wippel
Newly Landlord Career
I am a newly real estate investor, who acquired a tenant. The deal is as follows: ARV 98 KPurchase Price 47 KRehab Price 15 KHolding Cost/Transfer 1 KARV in 6 months at 70 percent 68.6 KYielded Profit 5.6 KCurrent Ren...
Anthony Parsons
VA Home Loan to Conventional-Is It Too Late
Hello. I have recently decided to rent my home and move due to working from home. I have a VA loan at 2.25%. Being new at this I am just realizing as I intend to purchase my long-term home in 3-4 years from now, I ...
Joan Smith
Purchasing duplex w/long term tenants who pay $1K under market
Hi,
We are purchasing a duplex. The current tenants have been there ten plus years are paying at least $1K under market and want to stay. They are month to month. They can not afford a $1K increase and I need to rai...
Salvador Mariscal
Rent property long term or sell for small profit?
Hello everyone,
I'm new to real estate and recently purchased my first property in Coachella, CA for 335K with the intention of renting it out long term. After investing an additional 50K on upgrades, the house was a...
Johnson Yu
Downsides to BRRRR?!
Hey everyone! Obviously we all love using the BRRRR method to supercharge our wealth in real estate, but what are some downsides that you guys can think of that a newbie should beware of? I have a solid understanding ...