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I am looking at 2-unit apartment buildings and many of them have a "3rd" unit as a garden or basement. Because they are out of compliance with zoning, it seems that there could be some exposure to city violations, et...
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Hello all,
I'm a new investor. I've done single family but looking at commercial deals. I have a property for 20% down and seller finance the rest. We have a tenant downstairs and want to develop the upstairs into...
I am in the process of closing on the purchase of an 8-Unit apartment complex in Florida. Each unit has four bedrooms and four bathrooms. The property is within 1 mile of a major public University. Each of the bedr...
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Hello BP Community. I’m kind of in a weird scenario here and I’m looking for a little direction.
Six months ago my wife kids and I moved out of our owner occupied duplex and purchased our second property single fa...
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Hey BP gang,I'm looking at a 15 unit property in Detroit. The price is decent, as is the rent. However, the landlord pays for everything but electricity. So last year, the utilities came to $17k!!!! Which of course, k...
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I'm working on closing a single family home on 12 acres. Part of the property is zoned industrial/commercial, however, the part with the house is zoned residential/single family. The issue, an appraisal was just compl...
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I am processing a tenant application. 1/3 of the income is coming from alimony and child support. I have no idea what the likelihood of her continuing to receive this income regularly is. I am looking for ideas on...
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This is not related to rental property. I did not find any relevant section in which to ask this question. If a married couple owns a property together, do both spouses need to invite a guest? Is it enough if one spou...
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I found an amazing deal that I am looking for help to initiate. The Gist, 13 duplex properties; 26 2bd/1bth units currently fully occupied and renting at $700 per unit (which is low for the area, $750-$850 is more com...
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OK, so I've been through 4 property managers in the last 6+ years and I cannot say one good thing about any of them (OK, my first one was a really cool guy). Property neglect, missing rent, not leasing up vacancies q...