We own a duplex with a DSCR of 1.5 (from what I understand) and about 60% equity. When the pandemic hit we took out an equity line and I pulled all the cash out and put into a savings account out of fear that they wou...
A lot has happened since my last post. I am not going to go into the details of the new circumstances, but long story short I now live in the Milwaukee area for work. It is very random how things happen but everything...
Good morning BP,I am writing this out of frustration partly and also maybe it will help someone else down the road. I was feeling pretty good about my first BRRRR project. Instead of paying someone else rent for my ...
Does anyone have a section in your lease regarding the number of occupants in a unit? I want to add something to eliminate a large number of people in a unit, and to eliminate people that aren't on the lease from movi...
I'm looking to buy my first investment property soon. I want to utilize the benefit of low $ down on your first FHA loan to buy a place locally and house hack. The problem is I live in Washington, DC and the numbers h...
Hi All, I found a great Airbnb opportunity. I just moved to CA for work and this would be out of state but where my company's office is. In the city I plan on doing STR, if I don't occupy the property, they have a ton...
Hi everyone I am purchasing a property and in escrow. The old owner doesn't have all the info (like SS Drivers license, and list of all occupants) Does anyone recommend a form I can give to get all this from the tena...
Hi there, my name is Catherine and I am 32 years old. I live in Madison, Wisconsin, and I am interested in investing in small multi-family units in the state. My aim is to invest in real estate without using my own mo...
Hello everyone,
I'm exploring an opportunity to convert a duplex into a quadplex and would greatly appreciate your insights or experiences in similar ventures.
Background:
Purchased a duplex in Roosevelt, UT for $2...
My wife and I are 60ish and have never invested in real estate (other than our primary homes). We'd like to get into it but are wary. I have done a few estimations via BP and I think because they were MLS listings, ...