There is an older MHP in my area that I have been keeping tabs on for a couple years. It's not the prettiest thing but throws off decent cash flow for the investment.The property is just under 3 acres with 6 leased l...
I have an 8 unit, off market property under contract. The property is located in Portage mi. A nice area located in Kalamazoo county. The seller is financing it through a Land Contract at a price of $495,000, 6% inter...
Hey guys!I just wanted to write a quick post about the FHA/USDA flip rule. Somehow I had never heard of this before and kind of stumbled on the info while talking to my lender how some of the flips I'm doing (thank g...
Hello everyone! I've got a single family home that I've owned and rented since the beginning of 2007. It is in a nice upper middle class suburb of Kansas City. When I bought this property I had absolutely no idea what...
Bought a house for 31k, put about 3k into it, now trying to rent it for 775more with pet. It may be slightly high. Have had a ton of interest, calls, but it's not rented yet.
The problems I'm running into are:
1. Eve...
Hi fellow BP members,I'd appreciate opinions and suggestions from those members who have HOA experience similar to the following:Background: My wife and I own the bottom unit in a two-family home. Each unit has 50/5...
Hello from a new BP member in Connecticut.I am a licensed CT realtor and investor who has been listening and learning from the podcasts for a while. Always looking to network and meet new, like-minded individuals. I l...
I purchased a 6-unit multifamily with my partnership LLC almost three years ago. The property was built by a wealthy developer in the 1930's as a ~5200 sqft duplex (the mother-in-law lived upstairs apparently), but o...
Hi - I am looking at investing in a true Duplex. The house has a bonus basement unit. Are there concerns with renting out the unit as a 3rd bonus unit?
Hi,
I own 3 condos in, a triplex (pending making it a fiveplex) and recently got into escrow for a SFR but will be converted into fourplex in Southern California.
I am thinking about reverse 1031 exchange on of the ...