I have a duplex I am considering putting an offer on. The only problem is we want to do an FHA loan with owner occupy. There are currently tenants in both units and the their leases expire in July. They are long te...
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Hi everyone
I've been doing some investments over the past couple of years, but I'm still definitely learning about RE and landlording.
In addition to my current residence, I've got 3 properties, which are all lever...
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Happy NY!I recently purchased my second two-family investment property. The top unit is being rented to long time tenants (TAW) for $1250 which is well below market value for the area. I had a conversation with the ...
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I'm about to close on a Quadplex in Cincinnati OH. The property has 4 units, all 800 sq ft, but in the basement there is a 500 sq ft room with a bathroom. I'm wanting to convert it to a studio apartment to make some e...
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Hello, I just finished reading Gallinelli's book on cash flow and other financial measures. I am not considering this property as a purchase; just looking to put some of the basic metrics taught in the book in my own ...
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hello BP guys! I am trying to purchase my first multi-family deal. I recently moved and I dont know the area very well. however, I would like to buy a house soon.
My question is: is it ok if I work with multiple a...
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Hey Guys and Gals- my main handyman employee (Joe) just put in his two-week notice because he's moving - to Indianapolis ( or Bloomington ).I know good help is hard to find, and I also wanna help out my guy so I'm loo...
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Hola BP'ers,
I am starting my very first marketing campaign for wholesaling to smaller unit multifamily (absentee with 40% or higher equity, and code violation) owners. My first set of letters are going out this Satu...
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Hello. Can someone please tell me if there is a list of common house hacking start up costs and expenses I should expect?
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So I just created an LLC (I can't believe how quick/easy it was). I have am the sole partner and registered as a disregarded entity.
I created the LLC in Nov of this year (2011). I will have no income, debt, fundin...