Sam P.
What cap rate do you all look for when investing in a duplex or multi-plex property?
I am considering investing in a duplex in Colorado Springs, CO and/or Austin, Texas. Colorado Springs property tax seems ridiculously low compared to Austin and its surrounding areas. I was even looking at 4 unit mu...
Jack Tucker
Motivated seller agrees to LEASE-PURCHASE. JV/Advice/Mentor?
Briefly... I found a motivated FSBO seller that is willing to do a lease purchase. 3 bed / 2.5bath Home 2600 Sqft, built 2006 in GREAT SHAPE in GREAT NEIGHBORHOOD (North Oconee for folks from here) and includes unf...
Nevin Ashley
Made over 80K on Flip after going over budget by 27K
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $159,000
Cash invested: $22,000
Sale price: $330,000
1959 Single Family home on 4.2 acres with lake. Complete ...
Robert P.
Removing 1 of 3 Tenants right after property purchase
I am in the process of purchasing a 3 unit property and 2 out of the 3 tenants are ones that I would most likely accept if I had personally screened them myself. The 3rd one on the other hand seems like there may be s...
Emily Taylor
Best Practices for STR rental agreements & Insurance
I'm looking for some advice and best practices on Short Term Rental agreements, some use them, some don't, What's best? Should I find an attorney to write one up for my business of 5-10 properties? What does everyone ...
Jenifer Kynor
Should I require renter's insurance?
I am curious to know whether or not a landlord should require renters insurance for for their properties? What's your argument for why you do or don't? I am curious to see how many landlords require renter's insurance...
Will Guy
Advice needed - trying to buy first property inside an LLC
Hello BP,I'm running into a road block trying to purchase a rental property and taking ownership with a new LLC, while guaranteeing the loan with my W2 income.This is not something that I foresaw having an issue with ...
R.J. Petrillo
A Luxury Townhouse on Long Island in a sorta house hack.
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $345,000
Cash invested: $69,000
Fiance & I are looking for a place to move into before the wedding, but didn't ...
Monica Sanchez
My first flip was a love hate relationship....
I purchased my first house to flip with little to no experience. I have a few friends in the industry in which, I would constantly pick their brains. Whenever we were together, I would always talk about home renovatio...
Nat Kelley
New Member in East Texas
Hi, my name is Nat, I live in East Texas. In 2005 I bought property that included a 70 year old General Store converted to cafe (7 yr owner finance-paid for with proceeds from running cafe myself), a 1940 Art...