Michala Vander Ploeg
collecting rent with triplex in Ontario
We close on our first investment property at the end of this month (March 31st). All three units are currently rented, and renters have been paying rent on the first of the month with the previous owner. Wondering wha...
Ryan Canfield
Lenders - How Realistic Is This Plan?
Hello BP,I've lived in an owner occupied 2 flat with an FHA loan since May 2016. I'm hoping to refinance into at a minimum 95% LTV conventional loan in the next month or so. Say I'm able to complete the refinance, I...
Aaron Brown
First deal! Help me out please! (Multifamily owner occupied)
Hello BP Community! This is my first post and first deal so I'm excited but also needing some advice!
This single-family home built around 1900 has been converted into a multi-family with four units. I am pla...
Jason Utley
Property Management
What is the best way to choose property management or is it best to manage yourself?
Adam E.
Private Investor Obtained - Need Help With Property Criteria
This is only my second post on the forum, as such, if I posted in the wrong section, please let me know. I have both a private and a conventional investor. Here is my current arrangement: Local bank for 80% of financi...
David Nacco
Mobile Home Park Investors, Where do I Start?!
Hey everyone, I found a mobile home “park” for sale (say that because it’s very small for a MHP, 7 acres) and the price seems too good to be true. Where do I even start in analyzing a MHP? What questions do I need to ...
Linda West
PM delayed renting unit/can I recoup rents?
I hired a PM on 6/30/22 to handle an upcoming vacancy. Confirmed in writing and via zoom chat that the unit would be ready 9/1/22. For reasons known only to him and to God, PM decided to list unit as available 10/15...
Jacob Kline
Hesitant on My First Deal
Hey guys I have a great opportunity for my first deal! It’s 8 units that will cost me around 600k and will net around 87k w/ 5% repairs, insurance, and tax. They are older homes which will need upkeep. I plan to reque...
Mitchel Schwindt
TurnKey Wisdom - how to evaluate?
Our small city is crushed with influx due to Covid. $333+/sqft on avg. Looking for out of state TurnKey opportunity but unsure how to vet or evaluate companies/opportunities. Any good/bad experiences with specific ...
Bill Bleich
Too many landlord software options??? Which one to choose.
I currently use no software. We have 12 units (six duplexes), and have been flying by the seat of our pants for two years. I know...not very smart. Things need to change. My question is this. With literally dozens of ...