Matt Dorsten
Industrial Property w/ Dilapated Building BUT... a $$$ Billboard
I wanted to get some input on a piece of property that keeps coming across my desk... This property (about 1/4 acre) is in Denver and has about 5,500SF of building on it, about 4,000SF are old row-homes and 1,500SF is...
Alexander Lang
Tenant screening - Income = 3X rent
Hi BP Fam!So the rule of thumb I hear is to have the tenants gross income equal or greater than three times the rent rate. Just to clarify, If I have a boyfriend and girlfriend, sisters, friends, whomever renting my u...
Vish Rav
Seller not approving to disburse earnest money
Hi BP,Wanted to get some feedback on this forum. I was in active negotiation with a Seller for a duplex property in Portland, OR. The Seller misrepresented the operating expenses for the duplex during the course of th...
Edgar Perez
Quadplex Winter guidelines for tenants?
Hi there,
I am in Wisconsin and have a Quad where I'd like to set some guidelines specific to winter for the tenants.
Some details:
2Upper/2lower, (2)studios/(2)1bed
each lower has control of thermostat for both...
Joseph Weisenbloom
Accessory Dwelling Unit Houshack in Austin Tx
It appears the only way to make a househack work in Austin is to build an Accessory Dwelling Unit in the backyard. Prices are very high for anything with 4 miles of downtown. I'm thinking buy a rundown house in east A...
Raphael Abreu
Why house hacking is still amazing in expensive markets!
-You can get in with very little money down with an FHA or 203K loan
-Rents in these markets are for the most part very high
-You can argue that most of these properties don't hit the 1% rule, but with small multi...
Marlon D Nangle
Advice on structuring negotiation with a few variables
Hey folks,In preliminary talks on a small 3 bed 1 bath house near a hospital. House built mid 50s. Has good potential for MTR and LTR as back up. Vendors are a senior couple. House has been updated on main floor and i...
Michinori Kaneko
Self-directed IRA geared towards money lending
Hi BP Community,I have a pretty significant amount of 401k from my prior employers invested in mutual funds, but thinking about moving it into a self-directed IRA and lending out the money from it instead. I wanted t...
Jacob Brooks
Starting My Investing with a Time Crunch
Hello! I am currently a full time Emergency Department RN after leaving the military with 15 years service. I've been learning about multiple areas of investing for years and always intended to get into rental/real es...
Dennis Nemitz
Raise rent one apartment at a time.
I am looking at buying a tri-plex. The current rent is from 1998, can I raise the rent on one apartment at a time? All the apartments smell bad and are dirty. I will have to paint and replace carpets and I do not want...