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I'm trying to find a way to purchase a couple of 4-plexes. A down payment would be in the neighborhood of $150k. Estimated Cash on Cash return would be 10%. That's worthy of serious consideration partly because ren...
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Hi
I'm a fairly new landlord (almost two years) and am working on getting efficient. One thing I'm putting together is a punch list for the "last man done working" in a unit to make sure it's "rent ready." Being new...
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I have a Section 8 tenant in St Louis who has been in my property for two years. She was well below market rent at $925 per month for this 3 bedroom, 2 bath home with a full basement and garage. I had the property man...
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Hi BP Community!So after purchasing our primary residence a little over a year ago, my wife and I have decided to sell it and purchase a multifamily to 'house-hack' and kick-start our rental portfolio. But first, in ...
TRUE STORY in progress! You got foreclosing lender A with a $30k 2nd Deed of Trust (mortgage) on a property with the sale scheduled June 15. You got foreclosing lender X with an unpaid $55k 1st Deed of Trust on the...
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Restoring a 1950s ranch home. Plaster ceilings have multiple cracks throughout home, some the length of rooms. Have had multiple contractors and friends suggest putting drywall over all of it. Seems like a temporary f...
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For those who go the insurance policy route, instead of going with an LLC, what are the true risks? Like what are some common lawsuits that can happen?
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So I listened to BP real estate podcast last week with Todd Baldwin, and how he rents by room because of how high his market is.I also live in a fairly high market (south Florida) and am planning to do the same thing ...
I am submitting an offer to get my first property. I am excited and really scared. I don't want to make any big mistakes and my realtor seems to be losing patience... Advice?
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The tenant had a voucher majority of the time they rented from me, they lost it about 6 months before moving out. They didn’t pay a security deposit and owe about a months rent total from partially paying. They didn’t...