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I'm thinking about getting two 4plex or one 8unit, and want to discuss the pros and cons for each. Let's assume that the total ROI is the same. Two 4plex pros is the diverse location, risk is lower (if one location is...
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Calling all Ohio landlords @ben, or someone that read legal jargon better!I have a tenant that's claiming the we owe interest on the security deposit. It's referenced in the Ohio code.5321.16 Procedures for security d...
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Hello BP,I am still new to investing and have been reading through all the forums to gain more knowledge about the tenant screening process. It seems to me from tons of reading that the tenant screening process is sca...
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I got approved for a conventional small multifamily investment property loan. The lender requires a 25% down payment. When I said I was looking to seller finance or get a hard money loan for the other 25% they said th...
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Ok, lets get the "it depends on your state/local municipality" out of the way. I am looking for a more general quesiton of what is a reasonable hourly rate (or per job) to charge for DIY repairs. For example, if a t...
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My daughter wants to go to NYU. It's $55K/year (oh my). We saved up $25K for college, so we are short! However, I have a $250K of equity in my house in terms of a HELOC that has a 10 year deferred payment option at 3%...
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Hi all, I have owned my first and only rental property (Single family) for about 3 months now. My tenant moved in 2 weeks after I closed, a couple and 1 teenaged child. It has not been as smooth as I had liked. My ...
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With 2016 right around the corner, now is a good time to reflect on 2015 and what motivates you.Real estate investing offers great benefits to those who have the desire and work ethic to be an entrepreneur. To be suc...
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Hey all,I am interested in passively investing in real estate via turnkey properties and wanted to get the BP community’s thoughts and recommendations on what turnkey provider to use and what market is best for both a...
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I met a contractor who did some work on my personal house, and when found out he does a flip from time to time, we agreed to work together. The roles would be:I would put in some cash and do all the work aside from th...