Alex Huang
Considering Package of SFH Rentals w/ LT Tenants: What to know?
I was approached with an opportunity to buy a group of about ten single-family homes. The homes have long-term tenants in them and are all occupied. The private investor is looking to exit the space, so I'm trying to ...
Silvia Barber
Applicant is relocating from out of state
I have only been a landlord for 7 years and am always learning something new. My biggest concern is looking for the red flags/scammers in dealing with potential applicants. A current situation I have now is someone wh...
Mike Rice
Buying a SFH with a Pool
Hello BP members! I am currently looking into a SFH that has a pool in the back. It seems to be in great condition, but I wanted to ask you all if there is anything that I should be aware of if you have an investment ...
Andrew Michaud
60k for a 5plex or 100k for a 3plex? Both have pros and cons.
5plex: 60k selling price, tax value is 95k, market value is 120k. Private sale. This is in a dieing town which I feel would make this building a high vacancy rate, but if I can keep this place full I see a quick retur...
Jean W.
Live in landlord, need a lease term preventing working from home
Hi I'm Jean, I have a small property that I am a landlord of. I live in the house with tenants. And have a back house that I rent to a tenant separately. I currently have one live in tenant, and I want to have a room...
Nancy Fortenberry
Turn large bath into two baths?
We are in Escrow for a 3,000 sq,ft. Home that has over sized rooms. It is 3 bed 2 1/2 bath with an office/bedroom. The upstairs is all master suite. Downstairs full bath is huge! I could easily make two baths and won...
Kevin Bieber
First investment property purchase and lessons learned
Hey guys-Just got through with purchasing my first investment property in Arizona. Picked up a condo in central phoenix and so far things are going well. Wanted to put up my numbers/lessons learned and see if anyone...
Shiv Jey
Raising Capital, complying with securities, self-directed IRA's
I'm learning as much as I can to delve into multifamily properties. However, I have many questions regarding financing:1. I have a high income already, and can put in about 200k. What loan products or class of loan...
Joe Conklin
What to take out of the security deposit? (If anything)
This is my first turn-over and I just inspected my rental unit where my tenant recently left. I see that there is some damage but unsure what to charge my tenant. I'm meeting with a contractor this week to get an es...
Kevin Phu
My Potential First Deal-SFR House Hack with VA Loan
So I found out about BP about a year ago when I ran into my friend @Ben Biggs who I hadn't seen since Navy boot camp in 2010! Since then I've been learning as much as I could (still learning!) about REI and worked on ...