Stephen Garmon
Newbie in Chicago interest multifam buy/hold, BRRRR, & tear down
Greetings from the wind city! My name is Stephen Garmon and I'm located in Chicago, IL. My 5 years in Chicago have shown me that real estate is where I need to be. Over the last 4 years I was running a couple of busin...
Tyler Walz
First purchase advice - 3 properties available
I recently discovered BP and am in a market with no inventory so I decided to look at a particular run down block I am familiar with in my city that has various multi family properties on it. I realized 3 of them wer...
Pete Harper
Crazy Cat Lady Duplex
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Fairfield.
Purchase price: $85,000
Cash invested: $60,000
Crazy cat lady duplex. This is going to be our most ambitious r...
Henrietta Zhao
How much fee to pay listing agent for SFH rental?
I have a few SFH properties for rental at Houston. My listing agent asks for 50% of one month rental for himself and 50% for renter agent. The house rents are 2000-2500. Does the number make sense?
Matt Ruttenberg
What’s after the hard money loan?
Ok, here’s what I’m trying to figure out.As a first time real estate investor, I understand what’s available in term of funding the purchase, for the most part.If we go the hard money/ private lender route, we’ll need...
Timothy Munger
Architect Blueprints Commercial Property, does it raise values?
Considering a 10+ unit residential commercial property if one already owns the land, has everything else in order: civil engineering, soil survey, Phase I, and architectural blueprints...if the owner was forced to sel...
Algerson Andre
House Hacking While Living In and Budget Improvements
My wife and I just closed on our first investment property, which we will be house hacking a dupelx for the next couple of months. The goal is to live in one unit (3bd/1bth) and make updates while living in, and at th...
Alex Rocha
Creative ideas to buy a multi-family after first home?
Hi all,My wife and I recently closed on our home back in March. I’ve been saving aggressively to buy a multi-family since, but I was wondering if anyone had some creative strategies to take advantage of some of the lo...
Austin Steed
What's your favorite type of lease?
For a long time I was on the 1 year lease train. Be patient, find a good tenant and then lock them in for a year. I've had success with this for my first 10 rentals or so in Columbus OH. However, my most recent lease ...
Tucker Kincaid
House hacking with FHA Loan
For a starter property, house hacking is always one of the first recommended routes used on BP. This was my original plan and have gotten pre-approved for an FHA loan. But I was not aware of the MI and how high they c...