BP community, I could use your guidance. We are selling one of our 2 rentals to free up cash to reinvest. We thought about a refi but decided to price it high as the market seems to be peaking and to test the water. W...
What factors impact the decision to invest in updates for a property, versus saving capital for other investments?I am currently house hacking a duplex in the Aurora area. The side I am living in is very outdated (20 ...
Hi. We have a condo that's worth probably $1.3m in LA about 20 minutes from our primary residence. Have about $1m in equity in it. We have an opportunity to potentially do a 1031 for a single family house near ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $512,000
Cash invested: $40,000
4-unit building. 50% ownership with a partner. Bought 100% occupied with rel...
Hi,
I am shopping around for Townhome in Tampa, FL. I found a Townhome that is 20 years old and in a good community. It has gone through a couple of contracts already and fell through for various reason claimed by S...
Hey there,Long story short, I purchased a triplex in Mount Dora, FL. Unit 1 has its own meters, Unit 2/2.5 do not. I didn't realize the third unit had not been permitted and is in R-2, not R-3. Dumb mistake. Someone r...
I have a duplex built in 1918. I am considering using it as a short term rental, but am having difficulty finding an insurer who will insure a building with knob and tube wiring. I had an electrician stop by today t...
Hi all, this weekend I will take my first steps in my real estate investing career by listing my home for lease. I feel like I have everything covered except for one item, insurance.I have been advised to get a policy...
If you've got $100k to invest in property, what percentage are you putting toward deals, and what percentage are you holding back for reserves to handle unforeseen capex? I've heard and read that the general rule of t...
I just closed on a property and insurance sent me notice they will be inspecting exterior within 30 days.
The roof had a few leaks and the previous owner repaired them with a lot of tar! I was trying to hold off a f...