Numbers i have so far. Is this a good deal for me to go ahead and buy. This will be my first property ever bought. Basement unit rent-$415 a month-7+ year elderly tenants 1st Floor-$550 Rent2nd Floor-$550 RentTotal=$1...
Hey guys, we are currently communicating with a seller who inherited an old home from his mother who passed away and he is an absentee owner. He opened a line of credit on the house that he ended up becoming delinquen...
We currently have 10 doors and are now in the process of buying two buildings with a total of 36 apartments. Our current systems will not work at this scale. We are going to self manage them, for at least a while. I a...
What is the best investment vehicle for the savings that will eventually be used for a down payment on our first rental property. Currently we have about $5k in a discover savings account earning 2%. Is there a better...
At what point do you start qualifying for commercial loans? When you buy something more than 4 units?I ask because we have an LLC and want to transfer then from us to our LLC at closing. But then at some point with BR...
i have a 3bd room apartment about 900 sq ft 3rd floor in the silver lake area in providence ri near cumerford st and wallace st cross. Half apartment completely redone w new windows other half painted and cleaned up w...
I made an offer on two deals and they both sent a counter offer and my offers were rejected, so what did I do wrong?
Hi all,I need help. I am an out of state investor. I have a AC guy (let’s name him Paul here) who worked with me for years in Texas. Tenants has reported the AC not working. I sent Paul over there in April and August ...
I am seeking advice/ assistance on what i step i should be doing next in route to purchasing my first multi family property. Please see my current situation below, and feel free to comment & share your thoughts/ a...
Hello BP Community, thank you in advance for reading my questions and providing me with your thoughts.I have recently purchased a duplex and will be renovating both units. I want to focus this discussion on what use...