Ahmad Kakar
Pros and Cons of Purchasing a Shared Duplex
I'm looking into a duplex property that has 1 section available for sale. Trying to think the pros and cons of purchasing just one unit. The other unit isn't for sale as far as I know. Unit in question requires some w...
Stephen Brown
What are your general guidelines for expenses?
Hello all,I know that expenses vary on several factors and are different for every property. For example, you got to call an insurance agency to get a quote, rehab and maintenance will be different based on age, size,...
Sean H.
Having Civil Engineer approve plans/construction vs. Getting Permits for resale in CA??
Hi Guys,My client and I have a project and I'm trying to give her some help, so naturally I come to BP!She is looking to remodel the kitchen by knocking down a load bearing wall, as well as move the kitchen sink/dishw...
Ben Meade
closing on my first multi-family
Closing on my first multi-family this coming Friday. Im nervous and excited to start being a landlord. I am buying a triplex for 76,000 and the monthly income is 1250. Taxes and insurance about 2,400 a year. Not a bad...
Joanne Boudreault
Ontario Canada question-4plex With month to month tenants
I am a newbie in REII came across a nice 4plex that would need rehab.In Ontario can I buy this property and right away let one tenant go at a time to rehab each unit then rent at a higher price without issues with the...
Mohammad Alsolaiman
will you buy very old house
Hi, I am looking to buy very old house more than 100 years old but it produce good rental income , is the good rental income is worth taking the risk to buy a very old house , please help me to decide?
Nathaniel Thomson
My first property - "house hack"
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $270,000
Cash invested: $22,100
First investment property. Purchased SFH with set up as two units. I "house-...
John Cantu
Lender Requires Flood Insurance in a non Flood Plain
Hello BP,
I am purchasing an investment property from the owner himself, who is also an investor. He is requiring the flood insurance to be paid for the year at closing but the property is not in a floodplain. In fac...
Donte Handy
How long should I wait for a renovation quote?
BPWhat is the normal time that it takes for a 1BD unit to be quoted?I had my house looked at by a professional contractor a week ago. I am only asking for a rent-ready renovation to be done. The emails go ignored, so ...
Josh Durham
Raw Land and Development help!
Hi, everyone!I'm a buy-and-hold guy, using BRRRR to work my way from SHF to Multi.BUT, I just accidentally came across a potential land deal. There is some land adjacent to my yard, and some of it is never farmed. So,...