Doris Moore
What are the PROs and CONs of going month to month
I am on the hunted for my first multi family property with my sister as my partner in the state of Washington. We are seeing a lot of properties with tenants that are on "month to month" leases. Is this a growing tren...
Austin Spitzenberger
FHA 3.5% or Conventional 5%
Good morning BP friends. I am currently looking to use an owner occupied loan to purchase a small multifamily (two-four plex). I have qualified for both 3.5% FHA and 5% conventional. I am aware of the benefits of each...
Ethan McRae
FHA loan for college students?
I am a college student who is interested in purchasing a property to house hack with a friend. As of now, I have a job lined up for after graduation, I will start working in June and my friend is in the same situation...
Mike A.
Why do so many people hate landlords?
If you check Twitter it is amazing how many people hate, literally hate landlords. Why? As a landlord I always try to help my tenants and address their issues ASAP. We are not the big banks or wall street who own prop...
Mike Jones
Forming LLCs for rentals
I have few things in mind and not sure on how to go about it.
I have 1 property in MA where i reside and will be closing on a second one soon and I am starting to look into LLC.
The first property has my name on it...
Josh Wood
How much too offer for REO/Post foreclosure bank owned home?
How low do you go when making an offer to a bank on a REO Property? I am looking to flip a property in West Michigan. However, in my opinion, the bank is asking way too much for a property in which they own. They are ...
Matt Fitzgerald
Plot Plan - where can I get mine?
I'm applying for a Long Form permit for one of my properties & the city of Boston requires a certified plot plan. Any ideas where I can get this without hiring an engineer or surveyor? I tried my mortgage company ...
Michael Klinger
"Point A to Point B" with many moving parts
After 12 years I am winding down my business and relocating from Los Angeles to Massachusetts, for a life overhaul. I have an owner/user office building that is going on the market now. I have always had 1 and some...
Anthony Hornbeck
Buying Property By End of November - Searching
Champaign Urbana Savoy and surrounding markets, I'm looking to purchase by end of November. I'm planning on conventional bank financing for a 1-4 unit.If you know of anything, have something under contract but aren't...
Jon Klaus
Building new apartments
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...