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I recently found a retiring gentleman trying to sell three 1\1 units in the same complex. The numbers work (in my initial research) so that the Cash on Cash Return on Investment is 11%. My questions is about the HOA f...
Hello everyone. I currently live in Miami, FL. Im a registered Nurse with close to $31,000 in my savings account. I just got married and we currently live in a 2 bedroom apartment paying around $2100 in monthly rent. ...
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Does luck have anything to do with success? It has as much to do as hard work. As much as determination. As much as ability to align with successful people. As much as attitude. As much as the right opportunity. As mu...
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We decided to take the plunge. A year ago my wife and I outlined three different plans we could take to start investing. We were all set to go with a very conservative plan when some very unsettling events happened in...
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Hello everyone my name is Jake Davies. I am 21 years old and am going to purchase my first home in this upcoming year or less. My wife and I have both agreed that purchasing a 4-plex would work great for us. We have o...
Hi, everyone!This story could be very long but I'm going to keep it as short as possible. Here goes:My best friends father passed away recently. Her father amassed a large amount wealth in his life which now has come ...
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Hi BP, my immediate plans aside from purchasing a triplex to live in one unit with Rhode Island Housing were they have a program that finance 100% of loan, is to apply for a few Business credit cards (not linked to my...
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What are your thoughts about how to screen out some high risk applicants you don't want??Specifically households with more than 4 people total?I have a 3 bedroom / 1 bath SFH rental in Indiana in a class D area (abo...
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Hi BP Community!My wife and I recently decided that our first home purchase is going to be a house hack. I work in finance (read really long hours), in downtown Manhattan, so having a short commute is a must. My wife ...
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Eight months ago I purchased my first duplex with an FHA loan. I only had to put down $15k, it was great! However I have had a dream of owning large multi-family properties (30 units or more).How do I go from one dupl...