Davit Gharibyan
Making an Offer on Older Multifamily
Hi fellow investors. I have a silly question. I have been shopping quite a bit older apartment buildings (60-70's). Many properties have outdated kitchens and bathrooms. The units are still functional but in serious n...
Curt Bixel
Is this clause typical, or should I be concerned?
I am considering putting a duplex under management by a short term rental company. The contract they sent me contains the following clause:b) Indemnify, defend, and hold harmless the Agent, and all persons in the Age...
Harrison Biddulph
Section 8 HUD Rent Increase Approval Tips - Recourse if Denied
I recently purchased a property that already has a section 8 tenant in place. HUD pays 100% of their monthly rent. Id like to know your experience when requesting a rent increase through HUD. Please note: I understand...
Rei Reid
Would you use a PM when picking up section 8 properties?
Would you recommend using a property manager to manage section 8 properties?Looking at a section 8 property that already has long term tenants in place (1 for 15 years, 1 for 5 years). Sounds like it’s pretty much co...
Eric Andersen
Transferring a lease on a new home purchase - closing Monday!
Hi there,I'm at the final stages of closing my first home :)It's a 2 unit property and I'll be inheriting a tenant in one of the units. I have the estoppel and a copy of the lease. I'm receiving the rest of this month...
Cristian D. Ramirez
Franklin Property: Targeting Military
Investment Info:
Single-family residence buy & hold investment in Clovis.
Purchase price: $127,000
I purchased the property with the sole intention to rent it out to military in a small military town...
Nicholas Sheridan, Jr.
Hard Money Refi and Lending to LLC
I have such a headache trying to figure these questions out, any help would be greatly appreciated!
Scenario:
Duplex purchase price $400kDown payment 25%
Questions:
I use hard money with a rate of 10% int with...
Vernon Bond
Rental Home Insurance - Baltimore MD??
Hello BP Family,I just purchased my first rental home last week and I am currently looking to switch my home insurance from geico to a more competitive priced company. Geico is charging me 120$/m on a $100k Single fam...
Jesse Zhu
For sale by owner vs by realtor
I'm planning to sell an out of state REO property in Wynne Arkansas. Posted on Marketplace 3 days ago. Not a single inquiry so far. Plan B would be to hire a local realtor. How long should I wait to go with Plan B? I...
Ryan Donohue
Essex County NJ Cap Rates
Happy Monday BP! I'm currently looking for my first investment property in Essex county and I'm curious if anyone has properties in either Montclair, Bloomfield, West Orange, etc and wouldn't mind sharing. I came...