I just closed (8/18/15) on my first ever investment property which happens to be my first house as well. I bought a Triplex and plan on living in one of the units and renting out the other two. My father who has helpe...
My lease option tenant decided that the home was not for her and moved out. She left the home in decent shape, normal wear and tear of a family with dog and kids and after a day of cleaning it was ready to go on the m...
I'm new to the REI market but actively seeking my first investment. I am debating on whether or not I should pursue a foreclosed home and renovate or buy a duplex.-I have found a foreclosure in my general area for rou...
Hello BP family,
I was scheduled for a closing this Thursday. However, that has been extended a week since they have to evict two units. My loan officer hasn't got back the clear to close due and or closing disclosur...
Hi guysI have an older two family which has such high levels of humidity in the basement that I am constantly replacing joists and other wood due to rot. I think the best option is to run a dehumidifier.In this basem...
Hello BP family,
My rental has sat on the market for two weeks now. It is a unit in a quadplex that is 2br/1.5 bath listed for $700. According to my PM things are slowing down with people going back to school.
The c...
So I tried dipping my toe into the real estate investing niche. My husband was never on board with any of it. I bought my 1st deal from an investor who bought my house several years ago. Two years ago I bought the inv...
I’ve been looking for multi-family properties in the Tampa Bay Area and every property I analyze cash flows under 6%. I’m at a point where I want to start making offers at what I think is reasonable (closer to 9% cash...
Hi BP Community,I am a newbie looking at different properties and would love some help to see if this is a good deal/buy or not. Please let me know if there is any more information I should be considering, and sorry i...
I've been in the retail automotive business for 20 years and I'm in my late 40's. I'm completely burnt out on the 8 am to 9 pm hours working Saturday and some Sundays with no time for my kids and wife. I'm not living ...