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I’m not sure if I should close on the house. It has foundation problems and the seller said he would not pay for the foundation repairs even if it only needs little repairs. It’s my first house so I’m not sure if I sh...
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Hi fellow BPers!I'm interested in a multi-family property and need fresh eyes looking at it to decide if it is a good deal or not. My only concern is cashflow is low at this point. It's a 20 unit complex. With a 120...
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The perfect tenant for years...and then, WHAMMO...they turn on you like a pitbull. Your professional input would be appreciated.1) The flooring in the kitchen is cracking. Instead of repairing the damage, I offered to...
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Hi All, hoping I can get some ideas from folks who have been in the real estate industry for a while as I am officially at a loss here... I own a small studio in a 12 floor condo building. Building was built around 19...
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I have recently come across an off-market deal for a 5-unit property that has 3-units listed under section 8 housing. I'm in Boston and was wondering what experiences other people have had with buying section 8 units?
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Hey BP, I've been a bit inactive but I am 21 years old and just got an offer accepted on a property in which I will live in one of the bedrooms and rent out the other two. I am going through the loan approval process ...
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Hey all,
I've been doing some deal analysis to find my first property by looking for SFHs in the midwest (Michigan) on the MLS. My goals for this property is a 8%-10% ROI with $150 cash flow after expenses and saving...
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I'm getting ready to remodel the middle unit of the triplex I just purchased, and it is going to be a lot of work. This is my first project and my wife and I will be doing the whole remodel ourselves.One of the reaso...
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Hello everyone,I recently met a seller that has a proposition that has me a little confused. First, here are the details for the property he is trying to sell:1) The house is a 2/2 with 1400 sqft.2) The lot is 11,800 ...
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Does buying a condo as my third property make sense?
Currently own two duplexes and live in one unit. I bought both of them with primary housing down payments.
Renting out 3 units and living in one nets me about ev...