Lucas Bonasio
Best use of $3M in starting capital
A family member has decided to sell his business overseas and invest
all his capital in real estate in the US. He is bringing $3M with him.He
would like to buy properties cash and rent them out. Each property he
...
Joe Spence
Buying my first property
Hey BP,
My wife and I are looking at buying our first multi family soon, either a duplex or fourplex and I’m not sure when the right time to pull the trigger is. I am not sure how much I need to have...
John Deyrup
Water Utilities Policy Don't Make Sense for Multifamily
There are three issues around water utilities work that don't make that much sense to me. These issues are likely to get much worse due to the lack of investment of in water infrastructure and climate change in the co...
Michael Raposo
Property management decisions
I have a completely vacant four family home that im purchasing. I already have a two family that ive always managed myself with little trouble but have been debating on getting a property management company for this b...
Carol Frome
Tenant stealing electricity
Hello, Im trying to sort out how best to handle this. My former property manager was overbilling me like crazy and never gave me receipts for materials. He is retired now. Last spring I instructed him to rent a vacant...
Mary Jay
The price on a rental went up, when to sell?
Hi guys,In 2009 I bought a little 1 bdr 1 bath house in Idaho for 25K, now its worth about 120K.Its rented, I get $500 per month, but the tenants is planing on moving in a few month.Before this tenant I kind of had a...
Chris Sullivan
COVID-19 - Uncertain Times
Hello,I am a new investor and am ready to buy my first two family property to rent out however the pandemic is holding me back. There is a lot of government assistant to help tenants to essentially not have to pay the...
Genny Li
Section 8 Baltimore zone selection: specific neighborhoods
I’m looking to buy and hold with a cash flow emphasis but a long term outlook. Section 8 looks like the best deal on mid to low end attached and semiattached units in Baltimore. Rents are the same for section 8 as for...
Art Maydan
Brainstorming Next Move After House Hacking
You guys were a big help in getting me into real estate with a house hack and I’m hoping you can help me brainstorm what my next move should be. I bought a duplex in McKinley Park in Chicago 6 months ago. It was a gut...
Matt Storey
Input on prospective deal. newbie
I was hoping to get as much input as possible on my first deal
reo
purchase price- 300k
down payment- $10,500
fha owner occupied 3 unit
$1050 a unit gross rent
$2650- p.i.t.i,
vacancy rate- 4%
low maintenance, built...