Hi, newbie investor here looking to purchase my 1st property. I'm focusing on small multi unit properties I can "house hack" to get started. My question is if I'm purchasing said property with existing tenants can I u...
Hey BP, I had a member contact me and ask my experience and any knowledge I could pass on. I decided to give a detailed breakdown and notes of both completed projects as well as some information on what I learned.If t...
Any advice, suggestions, or strategies on this scenario would be greatly appreciated: My husband and I are purchasing a single family home at auction (we have done our due diligence) as a first investment property. Of...
Hi All,I've just purchased a duplex using an FHA loan. The MTM tenant downstairs was notified by previous owners during the process of the sale that they will be required to vacate the property (JULY 31). I know this ...
Hello BP Forum! SO, I'm super new to all of this. I have very little money but a ton of time on my hands, and recently, I heard about a 3 bedroom for rent. I looked up the area, and saw that I could (conservatively) m...
Hello, i live in Viila Park Illinois and looking to invest in an apartment building. I've done some research regarding this and notice a lot of "new" terms associated with apartments - rent roll, cap rate, net operati...
This came to me after doing some reading on this site but I have really heard if its been done or was it successful. This sounds almost like BRRR but with a twist, no matter any input would be greatly appreciated.
Hi All,For a little background on my situation:I'm heading into my sophomore year of college as a finance major this fall. I took a gap year in between high school and college to work at an intensive finance internshi...
I self-manage and visit my properties once per quarter. I have some properties coming up for quarterly maintenance on Sat 8/26 and Sun 8/27. I'll be going to two properties each day. If you are willing to lend a ha...
Hello, I am trying to do my first Owner finance for my house which is already paid off. I was offered 10% down cash, 7.5% interest balloon and five years, and that they want to refinance in 2 years probably. What do y...