Jarred Mussen
Lake Butler 3/2 Built in 2007 for $65K - Should I Buy?
Hey BP community!
I am under contract for a HUD home located in Lake Butler, FL to make it a rental property or a flip. I am new to investing and wanted to find out if other investors would take the risk with the un...
Scott Goulet
hard money and debt-to-income ratio questions
Hello BP, I have a question regarding hard money loans and the debt-to-income ratio. I want to use a hard money lender to purchase a medium-sized multi-family property for buy and hold purposes. After the rehab, I wan...
Kyle Grimm
Help Analyze Mobile Home Park! -rough numbers attached
22 Spaces4 vacant lots (1 of those is too small to put trailer on)1 park owned home needing renovated but will bring in 450$ additional income once 5k dumped into renovations. Park manager gets free lot rent 16 lots c...
Tom Schneider
Unusual Owner Occupied Status--Need Help!
I recently closed on a 4Plex in Anchorage, AK, using an FHA mortgage. I'm in the process of completing renovations and upgrades, and by the time I'm finished I expect to have just over 20% equity in the property. I'm ...
Mark Gast
Advice on first investment property in Chicago
Hi, I am currently searching for my first investment property in Chicago and as far as I can tell it is hard to generate cashflow in the city. It feels like most properties in the more 'hip' and even 'up and coming' ...
Jack B.
Four unit vs five unit+ (multifamily, commercial vs. residential)
I've seen a video on youtube froom "Commercial Property Advisors" saying that it is actually better to buy a 5+ until as opposed to a 4 unit building because then the loan is commercial and the property cash flows fac...
Tyler D.
How good is the Chicagoland RE market?
I've been trying to decide where to buy property, and am coincidentally moving to the Chicagoland area soon.I know that Chicago in particular has some problems. High debt, corruption, and is losing population. Also th...
David K.
At what point do you replace heatings systems in rentals?
I've got a quite a few units. All have older 25+ year old gas boilers. (gas baseboard) I plan to keep them long term. At what point do I start replacing the boilers, albeit before they actually break and have to b...
Robert Smith
Should I Sell or Continue Renting Out...?
My situation:Renovated a home purchased for about $166k back in 2018, and for the most part, it looks like a better home, but there were some issues discovered that I didn't notice during the inspection phase. Those l...
Edgar Aguillon
Question about investing with a partner..
I'm still very new to this site and REI in general but I have been reading and learning as much as I can from this great site and other books. I was wondering how would you go about investing with a partner on a SFH ...