I am under contract to purchase 11 duplexes and have a 10 day DD period. Although I have scrutinized the numbers I would appreciate the feedback of the BP community:Details - $1,034,000 purchase$94,000 per unit$1200 ...
Is it just me or is it very difficult to find insurance for a multifamily home? I've spent the last 4 hours calling various insurance agencies and have not been given a single quote. All of them are considering a 4-pl...
I’m planning to do some buy and hold investing in 2014 and am looking to use a business line of credit for my down payments when purchasing new properties. Depending on the lender, they will require a 10% - 20% do...
I have been hunting for a property manager in my area with minimal luck. However, I found a person who seems to fit the bill, however he found me on Facebook. I can't seemingly figure out if he's legit or a con artist...
I'm in the Portland, Maine area and trying to build out my spreadsheet for running numbers on buy and hold multi families (4 units or less). I looked around BP a little, found @Brandon Turner's investment calculator a...
Hello BP!
I have been collecting duplexes for the last few years and I am looking to keep my duplexes, but make the jump into small apartment buildings around 8-12 units or so. I live in upstate NY, and there are ver...
Hello,My name is Andy I’m 28. My goal is to hold and rent out
I am having a hard time finding a mentor or anyone who flips, holds investment properties etc. It seems to be a very niche group. I moved to NYC from SF ...
There is a HUD home for sale that has been on the market for over a 100 days. It’s a mobile home with a price of 145k. It looks great, but I’m not sure why it’s not selling. Are there challenges to buying a HUD hom...
I plan on purchasing a rental property soon. I'd like to register it under an LLC, problem is I'm looking at properties in multiple states so I'm unsure of what state I will need to register in. The question that I ...
We signed up with the HERO program through a contractor called Elite Home Energy. My wife and I wanted to them to install insulation in our home and believe it would add value to our house. We asked the sale agent tha...