Andrey Y.
House hacking a 4-plex: Lessons learned, experiences
Greetings, everyone. I wanted to get your take and experience on househacking a triplex or fourplex. Were you single/married? Any privacy or safety issues? Any awkwardness being the "big bad landlord"? Tenants may per...
Account Closed
Understanding BRRRR strategy
Hey BP community, I'm trying to get a handle on the BRRRR strategy and although I think I've got it I have 2 quick questions:1.) For the initial loan to obtain a property, does it make sense to go with a shorter term ...
Jacob M.
Does 50% rule work in Texas / Houston?
Hi Everyone. I'm looking at a 4-plex in Houston area. When I run the numbers I seem to get expenses (including vacancy) that is usually 55-60% of gross rents. I think this is partly due to property taxes that are...
Brandon Koser
Rental Property Reserves
Right now I have a few properties and I am putting offers on more. Luckily I don’t need the income from the rental properties to live off of yet so what I’ve been doing is channeling all the funds after PITI and manag...
Ed Canales
Structuring contractor agreements
I have a project that is about to start, a single property home in Maryland. After seeking the estimate of several contractors that mostly turned out to be less than professional , I have chosen the one for this proje...
Matthew Sidlo
Adding a unit to building
I purchased a legally zoned 2 family building, the layout is allowing me to make a 3rd unit, a studio apartment, in an empty room that has a front door and 2 windows. It even has its own electric account. It is betw...
Priscilla Z.
Person to place bandit signs?
Looking for some advice on how to find the right person to place our bandit signs. Where did you find your person? (Craigslist, word of mouth, etc)....Are they an independent contractor or employee? How many signs d...
Eric Lefebvre
Trouble selling 2 of my homes. Flood land, zombie house neighb
I'm selling both of my rental houses in town so I can invest out of state. First...There is a zombie house next door then a wetland probably 100 ft long and another zombie house past the wetland. So technically 2 zom...
Joe Koppel
Q about Repairs/Maintenance and Vacancy Rate when evaluating
I'm considering buying some turn key rentals in KC MO. When crunching the numbers is it important to also factor in repairs/maintenance and vacancy in your evaluation?These are "what ifs" right that may or may not hap...
Brianna H.
Do you ever worry about your safety when showing a property solo?
Hi All - It has recently come to my attention that it may not be the safest route to do a showing solo. I am a petite female which leads some to believe that I may not be able to defend myself in an unfortunate situat...