I’m renting out the second half of the duplex I just bought to house hack. I have a great prospect, a business guy who’s moving to Chicago, but he only wants it for 9 months. Do you think it’s worth it to accept him a...
Hello to all the brilliant BP'ers out there, hoping to get some good advice on an uncomfortable (albeit not uncommon) situation. We bought a duplex, decided to gut-remodel and hired a GC to do the job. We signed a con...
I had a tenant turnover this month, and the unit is going up $200 a month. I have another turnover Nov 1 in another unit and that unit is going up $100 a month, then January 1 the rents are going up in my other 4 unit...
Looking for some advice. A family friend approached me about purchasing his property management "company". It isn't really a company as much as I would be purchasing a line of business. He only manages 11 properties f...
Hello BP!Given the experience of everyone, and how no one here would likely do what I've done, I hesitate to write this... but could sure use the advice. Here is a little background...In December 2013, I purchased a h...
Hi Everyone,
ANY input or ideas on this would be so greatly appreciated you have no idea.
So we are buying a property with 50k earnest money given. The deal is supposed to close in 10 days. The lender who we have e...
Hi DaveI really enjoy the new 'On The Market' podcast and made it part of my mandatory listening. Thank you for the great content.In Episode 25 'How Work-From-Home Drove the Housing Market Even Higher' - you shared th...
Good morning,
I have been familiar with BP for about a year now, but I thought it was time I jump in here and start becoming a little more active in hopes of accelerating my investment journey. There is such a fine ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Kennewick.
Purchase price: $335,000
Cash invested: $20,000
Sale price: $485,000
My wife and I purchased this (C class)...
I was offered a small home today for $75,000. It needs roof repair and some general updating, but has a great ARV ($180k) and will rent easily. I have $60,000 in an HELOC and another $12,000 in cash but still fallin...