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I thought I had a great deal on a 4 plex, and got 20% off the list price. We have a contract for a cash purchase. The numbers are great.The home inspection yesterday disclosed that there is vermiculite/asbestos in...
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My husband and I just had an offer accepted on a multi-unit (our first investment ever!). If all goes well, we'll be occupying one side, and the owner JUST got new tenants in a week ago, so we'll be inheriting them. W...
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I am thinking about raising rent on a year old rehab that I have a tenant paying $1200 monthly for! I am thinking of charging $1225. He is a Foreign Exchange student who is in his Sophmore year so I am thinking of upp...
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It sounds weird that the PM's business is against the landlord's interest. They need you to spend money and you try to save... It's sleeping with the enemy part 2. Is this rights?
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I just received an advice from a friend that says: "The market is too hot, ditch your buyer's agent. Just get a RE attorney to make sure your offer is safe and go to the open houses yourself informing the seller's ...
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Hello! I'm so happy to have stumbled upon BP through the Madfientist podcast and now, I'm addicted to listening to all of the BP podcast! My husband and I are in our late 30's and are about 4-5 years away from reachi...
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Hey guys,I'm looking for my first large multi-family. I come across one that is in my sweet spot as far as location. Exteriors are in good condition. Interiors are very dated, a couple of units have been completely re...
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BackgroundI have learned a lot from people on the BiggerPockets boards and I wanted to offer some of my experience in the hope that someone else could find some useful information. I started following the real estate ...
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First, I apologize for the length of this post, but I feel some background is needed.Early this year I purchased a Triplex with 3 occupied units. None were on leases so I got 2 of them signed into a year lease pretty...
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I need a reality check from those in the business. Is it feasible to begin with a multi family near the bay area?I live in San Francisco, but work in Palo Alto. I believe I'm priced out of purchasing in my high COL ...