Chris Reyes
Question on Converting SFR into a Duplex
Hello BP community,
I’m helping orchestrate converting my parents rental property into a duplex and would like some insight since this is the first time attempting this.
Background: The house is in a smaller town...
Emily Lee
Investor advice for newbie
Hello, first time poster and new investor here. I have read several books and done a lot of lurking here on BP 😊 my husband and I would like to get started with SFR rentals or small multi family rentals. My original p...
Edwin Revolorio
House for sale more than 30 days
So I’ve been trying to help my dad buy a new property to live in, and he’s found this house that he really likes, the house has been for sale for 29 days, the real estate agent that he’s working with, has sent the doc...
Rich Bertran
Loan Restructure to Purchase
FIRST-TIME INVESTORREI Pros,I am looking to refinance my home and pull money out to pay off a property I own in Oklahoma to pull a loan against it and purchase a self-storage complex. Ultimately I want to hold the ren...
Whitney Anne Kwek
Does anyone who lives out of state buy and hold in Philadelphia?
Hey everyone - of those who have buy and hold/rental properties in Philadephia, are any of you investing from out of state or at a distance?I have a family member moving to Philly and buying her first residence. I was...
AG Gupt
License requirements for investors?
2020 Update – License requirements for investors?
It is now becoming a vastly acceptable reality that within a few years the ‘wholesaling’ industry like we know it, is going to stop. Why? In a nutshell – the big gove...
Brandon Pierpont
Buyer negotiating house price after previous buyer backed out
My wife and I are purchasing our first home. There was a pending sale on the home in January that fell through. The house then went back on the market, and was reduced in price by a little under $10k. The house is ...
Fabricio Kannenberg
My House Hack Plan in Chicago
I think it would be better to share my thoughts on my house hack investment plan here in Chicago so you all can pitch in provide any advice. Here we go:Property Type: 2-3 unit multi-familyArea: B Neighborhood, walking...
Jack Bobeck
COVID-19 and the impact on rents
This article discusses South Florida and Central Florida for now, but that might make its way to Jacksonville, so its worth watching and seeing how rents change in Florida:South Floridians are already paying some of t...
Punit Kumar
Does partial Multifamily sale work?
Hi,
I found a reasonable deal with an above average cap rate (5% vs 4%) that will have a positive cash flow with the current market interest rates. Will send out a detailed post on the deal to get input on the number...