Hi BP, I'm a brand new investor, looking to pick up a multifamily via FHA and house hack. I'm reading through the book on rental property investing and I see on the "analyzing a deal" chapter, he takes into account th...
i just bought my first rental its a 4-plex building I've been racking my brain on finding the best method for tracking my monthly income to expenses on a per unit basis. I've looked at things on BP but everything is b...
hello BPI have saved those hard earned dollars and my wife and i are ready to get our first rental property. In performing my research and attempting to get my team lined up i have started calling banks to inquire abo...
I've been in contact several times with the listing agent of a five-unit property that is being offered with seller financing. I am an investor (and not an agent) and--if further initial due diligence pans out--aim to...
As I’m starting this journey I’m finding no lenders who want to go 30yrs on a single family home rental property. Am I going to the wrong sources because typically what I’m getting is 30yr ARM with a 5 year balloon/r...
I am trying to weigh my options on if I should go with a 5/1 ARM or a 30 year fixed mortgage. I was leaning towards the 5/1 , because
1. I could get a cheaper interest rate initially
2. I don't plan ...
I bought my first home as a primary residence as an easy fixer-upper. I have been house-hacking it the entire time I've owned the property as well. The Property value and loan paydown have resulted in 27k of equity bu...
Does anyone have or does anyone even suggest a clause in a lease agreement that essentially states that stuff like "lights went out in closet ceiling fixture and I'm can't see and can you come fix it?" incur a $50 nui...
I am an investor located in Michigan and in the process of developing a business plan but am struggling to figure out how to set up my LLCs with scalability in mind. Below is a rough outline for both a buy/hold and fl...
Hi everyone, I'm in the beginning stages of looking for an owner-occupied multi in Eugene, Oregon. I'm in Medford currently but will be moving up to Eugene in June or July. My initial plan was to use an FHA loan to bu...