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Ok.. so I was able to pull $900k+ worth of HELOCs between 2 of my 5 properties. I decided to temporarily leverage some of that equity into a property Im flipping (ground-up/new construction) here in Los Angeles. Th...
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Friends of the BP,I would like to ask a simple question. Does anyone know of any database (or website) that allows a landlord to report a "bad tenants", i am not talking about credit agency. just a simple database tha...
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Hello all- In an effort to work toward comfortability in pulling the trigger on my first deal I am analyzing several local deal (in Westchester County, NY). I came across this 3-Family for $350k. Seems below the aver...
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Hey BP,So one of the HOA's that I own a rental in is trying to pass an amendment limiting rentals to 20% of the homes in the neighborhood and all tenants and leases have to be approved by the board of directors of the...
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I would like to get into commercial apartments (say 20 unit) - but the only way to raise the cash would be to sell my residential multifamily properties. I have 4. I could likely then raise 200k.
Should I sell? Is i...
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Apartment demand and development is surging is some markets, including Texas.
What would be your criteria for developing multi-family? Would the numbers support buy and hold? Or for resale, what profit woul...
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Curious to know where people are investing in Newark, NJ? Is rent control an issue? What kind of returns are you seeing for buy and hold?
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Hello, I’m new to this site and had a couple of specific questions about acquiring an FHA loan to finance my first multi-family investment property.1.) I’m aware you can refinance your home loan after you gain 20% equ...
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Hello I just moved into a rental house a couple months ago and have signed a year lease with likely potential to stay longer. I enjoy at home projects and have the spare time to do so in between my career. The home is...
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Hi All,I'm looking at a 2 family property with a 3rd floor cottage set up (basically the attic converted to another apartment. Right now their gas and electric is hooked up to 2nd floor. It has it's own circuit breake...