M P.
Section 8 being forced upon us by Obama administration
Hello fellow BPers. I have been a long time reader of these forums and have picked up a tremendous base of knowledge from you, my colleagues, on this forum. I am mostly a passive investor, and so have not had a real...
Rahul Ram
Looking to kick off my first rental property in CA
Residing in the San Francisco Bay Area, I am currently exploring the prospect of acquiring a long-term single-family home (SFH) rental property in California or a location within convenient driving distance of the Bay...
Meng Long
Should I use VA to house hack in San Diego?
Hello BP,I’ve been a long time reader but have been hesitant to post. I am in the navy and have recently moved to San Diego. After working with Navy federal credit union, I was able to get approved for ~600k(1-2 unit ...
Kirby Allen
Buying my grandmothers house...questions
My grandmother moved into a retirement home type facility a little over a year ago and her house has been sitting empty since while she still pays the mortgage on it. Recently it has been brought to my attention that ...
Powell Chee
How much to refi?
Hello BP,I have a situation and I wanted to see what people suggest. I recently purchased an out of state rental property for $94k, which includes closing costs. In my original projections after doing a refi I was p...
Peter Brooke
Considering offer on a MultiFamily (3)
Hi all,Am considering putting in an offer on a multi-family in Manchester, NH. I have pre-approval for a 30 year standard fixed loan. The income/expenses are as follows:Asking Price - $245,900Gross Income - $2,790 p/m...
Stone Teran
I beat my no show record
This isn't a question. This is just a rant.I own apt buildings in bad neighborhoods. I am often victim to prospective tenants who no call no show. I managed to schedule 6 back to back showings yesterday afternoon. ...
Ryan Mills
The Big Question...finding deals
Hey everyone, so we have been searching the MLS like crazy and looking for deals in the greater Cincy area with minimal luck (MFH). We also do not live anywhere near Cincy. This makes it difficult to truly know the ar...
Sahleem Lee
I need help structuring a 6 unit duplex deal!
Good day everyone and I hope your RE investing is going great! Starting this one off with an introduction. I’ve been in the RE business for three years now and I love it! I’ve had an unsuccessful flip and lots of whol...
Jimmy NA
Value of this deal?
Here are the facts on this potential purchase: (2) adjacent properties, (2) deeds, owner wants to sell them together.
First Property: (3) units
Gross Rents $1625 per month
Water/Sewer: $600 per year (approx.)
Insuran...