William Bruce
New to BP and investing altogether
Recently moved to a new city in a new state and want to learn about REI and Low and no money down investing. I look forward to meeting like minded people and learning a lot!
Jean-Thierry Aleman
Purchasing a bank owned rehab project for first time.. What traps do I need to avoid?
Hey BP family,
I am currently going after a bank owned property with significant neglect and damage. It has an old ugly pool. The roof needs replacement, The wood siding outside the house is destroyed. The list goes...
Jill Rossi
Asbestos!
Hi all, I'm considering buying a property entirely clad in asbestos siding. Has anyone dealt with this and what did you do? I was told I can just put new siding up over the asbestos and it would be effectively encap...
Nicholas Morgan
Tenants Refuse to vacate after signed lease termination agreement
Hi Everyone, your advice is appreciated. Let me preface this with I do not own this property, but am under contract to purchase to house-hack so an empty unit is mandatory. Tenants signed a lease termination and vacat...
Account Closed
Seeking Multi-Family Investment Property Advice in Chicago
Hi All,I am seeking advice regarding the Chicago multi-family investment market.As a first-time real estate investor, my interest in the Chicago market stems from the potential to buy a relatively inexpensive property...
Beth Matthews
In Progress: Buffalo BRRRR STR
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $112,000
In Progress BRRRR STR. Below images attached. Stay tuned for AFTER!
Mike Chang
Typical PM practice for bigger jobs
Hi, I understand that my PM pads the maintenance fee a little and probably doesn't get multiple estimates, which I understand now is probably normal. Firstly, Is it typical for PM to allow owners to look for their own...
Ramon Mendoza
Is a lot with 3 duplexes considered commercial deal?
The seller is selling 3 duplexes on the same lot (6 units altogether) as a package deal. Is this considered a commercial deal? Having a hard time finding comps. Thank you everyone!
Matt Good
RMLS distressed listings deal/no deal?
given the current condition of the market, what's the general consensus regarding residential distressed property listings on the RMLS with respects to any profitability to be had? Are these listings generally going t...
Johnny Constantino
LLC for 4 unit?
Can someone tell me if you can use a LLC to purchase a 4 unit with 5% down fannie may after the recent change? Im trying to figure out how myself and 2 partners can all be part owners to get the tax deductions. Or can...