Steve Foulds
Goal: Multi-families-keep saving or buy single family & leverage?
Gday - Ill try keep this succinct! My goal is to invest in multi-families, in Australia this mean 5+ residences on a single block to qualify for a commercial property loan. To build a deposit I've been investing in a ...
Brian Ton
Florida--code compliance for existing unit?
Greetings BP fam! I am thinking about making an offer on a multi-unit property that has been listed as a "triplex" that is actually a duplex with a detached garage that has been converted into a studio efficiency unit...
Ahmed Iqbal
Conventional loan and then transfer to a multi member LLC
Hi All:My sincere apologies if this topic has been answered before. I did search and could not find the exact answer. My scenario is this I am exploring a new market and putting together a 3 member partnership. The...
Courtney Windh
New Broker to the Washington Eastside area.
Hello everyone! Happy and excited to have found bigger pockets. Honestly, I am relatively new to the real estate industry. I come from a small business owner and engineering background. I've taken some courses in anal...
Nhia Yang
Advice on Financing for Duplexes
I am new to REI and looking to purchase my first multi-family property. I came across 2 multi-family properties (2 duplexes) for sale by owner who is motivated, eager to move in another city --- not wanting to manage ...
Mindy Jensen
Safety Reminder
A member of a neighboring Realtor's Association was attacked at an Open House recently. PLEASE take any necessary safety precautions while showing homes or sitting open houses. Take a friend with you, ALWAYS carry you...
Lois S.
Property Management & Payday rent collection
For those of you who use a PM for your class B or C properties -Would your PM be open to setting up payday payment plans for your tenants?Example: Tenant gets paid SSI or other regular income by the 6th of each month....
Bruce Woodruff
Idea on Snow removal?
One of our STRs was not open for business yet last winter. When the first snowstorm hit while I was remodeling, I found out that the city does not plow all the side streets, only the main arteries.....
So now we're o...
Kristopher Kelly
Tax question for out of state property.
Hello All Of BP,I will keep this short and sweet. I am moving out of state (Delaware) and moving to a new state (Florida) and am leaving a condo that I am renting out. The condo will rent for $300 pure cash flow once ...
Tomasz Poznanski
Does finished Basement add value for cash out refinance
Hello . Does anybody know...Does finished basement adds value when applying for cashout refi? 1) does it add to overall house sf?2) if I add 2 bedrooms in finished basement do they count and add value?My basement 1000...