Michael Nahm
Damages after statutory term for returning deposit
Hello fellow BPers,Recently, I had great tenants that moved out after 3 years in a townhome. After they moved, in a routine clean-up, we discovered some broken refrigerator drawers that needed replacing (not really so...
Jon Saddler
Retirement rollover to Solo 401K to invest in multifamily
Hi All! Interested in the community's thoughts on one possible game plan for investing in my first multifamily:I currently own two single family rentals, and my goal is to grow my portfolio to eventually replace my in...
Nagesh Kakarlamudi
Using 1031 selling multiple properties and buying one property
I am selling 4 small properties and buying a single multi family and using 1031 exchange. The total funds from sale of relinquished properties combined is approximately $400k and purchase price of the replacement is $...
Brandon Thomas
Critique my 5 year plan using VA loans, house hack and wholesales
Hello BP community! I am looking for stable financial freedom in the next 5-6 years investing in multi-family properties. I am currently active duty military and I own a single family rental property in Oceanside that...
Jayden Hamilton
Are 1 year leases or month to month leases better
My plan is to do a month-to-month lease so I can gradually increase the rent on my tenants and then when I get to the number amount that I like then I would sign a year lease with them at that price? Would this work
Luke G.
Questions on buying a multifamily home
Looking at a split level family home in Nashville to live in and rent out. Planning on living in the top unit for five years, moving to a single family home, and continuing to rent both top and bottom units. 190k is t...
Mason V.
How do you feel about economically depressed/stagnant regions?
I would like to know how the more experienced members feel about cities which have chained very little in the past 20 years. If you would like a specific context, The Dalles Oregon.That’s the town I grew up in and am ...
Sergio Sifuentes
Insurance
Hello BP community, I'm planning to do my first flip. Question is about the insurances?Do I need to get one for the house during the rehab process? Does every one does it? how common is itAbout my GC. Does he needs to...
Josh Buchan
San Diego Small Claims Court
Hello BP Investors,I recently acquired a 6 unit building in the city of San Diego. Acquisition date 3/26/19. On 4/29 a tennant gave 8 days notice to move out. I had the PM let the tennant know that 30 days was requ...
Robin Cornacchio
Rental lease question
I found a tenant for my rental home but they won't be moving in for another 30 days. They live out of state. I ran their rental application and everything checks out great. My question is since the tenants won't be mo...