Owen Dashner
Where are the most ridiculously high RE taxes?
I am in the process of looking for some smaller multi-family properties (4 to 12 plex) to buy. In one of my "farm" areas in Iowa, anything over 3 units is typically taxed as commercial. Here are 2 examples of the c...
Mike Malicad
First time landlord of 11units.need help
Hi fellow bp! Do you know where to purchase fridge and electrc stove for rentals. Our property is located on south side of chicago. This our first real estate investment. We did some minor rehabs and now is ready for ...
Jacqueline Coombs
Seller on Medicare with son involved - not sure how to proceed!
Hi, everyone! I am wondering if anyone has bought a house from a seller on Medicaid before? I found the house through bandit sign marketing and I intend to hold and rehab it. I have been corresponding with the seller'...
Missy H.
Do I Insulate Windows
Hi BPI recently bought a duplex in March and inherited the tenant downstairs who has been there for about three years. They are a nice older couple with a college age son. They are respectful, keep a clean house and...
Giovanni Ceron
Due diligence requests for tenant info
Hi,
Purchasing my first property! I'm currently in the due diligence phase now that my offer has been accepted. This property has a tenant, and I am not sure how to proceed with getting pertinent documentations regar...
Charles Branson
Revocable Trust?
Howdy all... hopefully someone can answer this (as I am brand new to REI....still in my first two weeks of learning!) And I hope this is the right forum for this (Legal)?I found what appears to be a great candidate si...
Toure Lee
Buying Property in Probate
Originally posted by @Toure Lee:There's a seller whose properties never went through probate. Mom and dad passed away without a clear will and there are several siblings. The seller wants to dispose of the propertie...
Julie L.
Bad feng shui!
Any feng shui REIs out there that have any experience buying a property that sits at the end of a T intersection? The street that comes to an end feeds directly into this property. Thoughts?
Chris Murphy
Financing for first home purchase (multi-family)
Hi guys, My name is Chris and I'm somewhat new to BP. I have recently made the decision to set up my retirement around REI and am looking to make my first home purchase. This first purchase is going to be my home as w...
Patrick Malinowski
Midwest Multi-Family Analysis Assumption Feedback
Looking for feedback on the assumptions I'm using for a buy and hold 4 unit multi-family analysis in the Midwest (Cincinnati). Each of the 4 units rent at $500/mo and are 1BR/1Ba. Separate electrical and heat. Owner w...