We have a home in a desirable area and a couple of folks have asked if we'd consider owner financing, so we're considering it. We would obviously ask for a down payment, proof of income, and proof of insurance. We'...
I have a tenant that pays on time each month, but does not keep a clean unit. I have a $650 security deposit for this persons unit, but if the tenancy were to end today, it most likely wouldnt cover the cleaning, pain...
Hi BP Community,My tenant/neighbor let me know of an issue related to water seeping from my top floor condo unit into the unit below approximately 1 month ago.I contacted contractor #1 and I was told that they would b...
Question for all the seasoned NYC / Brooklyn / Queens multi-family buy and hold investors out there. When analyzing multi family properties in our high-cost area, what rule of thumb or percentages do you use for esti...
I'm wondering if anyone has sacrificed by moving out of a high cost of living area to a more affordable market to help boost their investing? My wife and I constant kick around this idea the hardest part of course is ...
Hey guys.I have been listening to the podcast for awhile now and alot of the investors who speak about the BRRR strategy find private or hard money and buy the property, reno, and refinance at the new appraised value....
After overworking every number possible in a possible flip property, I'm ready to make an offer on a property. I'll be meeting the homeowner Monday to discuss that offer. I came across this property prior to it bei...
in process of buying a duplex, the duplex has tenants who live there for 4 years already. the rents are way lower than the market rent because the seller hasn't raised the rent for 4 years. Not sure shall I vacate the...
Hello all, I am a young (21 y/o) investor from the Austin area looking to broaden my horizons. I have been buying and selling vacant lots for the past three years, and am finally (after the close of my last 2 properti...
Hi I am a new investor in the Philadelphia area. I found a triplex approx. 3k sq ft total -(2bed/1bath each unit) built in the early 1900s and began running the numbers on it. The property has a relatively new roof (&...