Mikhail Abbott
Is it too risky to cash out refy and lower my cashflow?
14 October 2020 | 5 replies
And highly leveraged properties gives the higher the returns on you dollars, but also the higher the risk... so have a plan B in your back pocket for safety.You need to crunch the numbers... but overall, IF property two will at least break even or better and you're in a good market (reasonable appreciation and reasonable rental market), go for it.
Andrew Mowe
After buying your first property
14 October 2020 | 1 reply
Hey BP community, I’ve been racking my brain about the best ways to finance deals number 2 and 3 of my portfolio and I want to see what you all think.I’m already working on closing my first deal with a low down FHA loan for a house hack where I’ll be living in and breaking even on expenses.
Zain B.
Tenant decided to partially pay rent due to COVID
22 October 2020 | 9 replies
The verbal agreement was that to give them a break for the month of March (i.e. defer $750) and they will pay the balance as soon as they all resume work which they have starting April.
Zain B.
Tenants not paying full rent
14 October 2020 | 5 replies
The verbal agreement was that to give them a break for the month of March (i.e. defer $750) and they will pay the balance as soon as they all resume work which they have starting April.
Corey M.
What home inspections do I need?
14 October 2020 | 7 replies
There is a home warranty for one year, but what happens if a pipe or sewer line breaks in two years?
Tech Cheng
Cares act distribution vs SDIRA
26 October 2020 | 10 replies
Heard about the Cares act distribution (if you’ve faced covid hardship-which I am)So wondering if it’s better to take the 401k funds out before end of 2020 (tax breaks) Vs rolling it into SDIRA to invest in rental?
Palmira Angelova
Old house - how much to budget for major repairs + maintenance?
6 November 2020 | 18 replies
They basically hold the building liable rather than the owner and that liability transfers from owner to owner until someone deleads it and breaks the chain.
Brian Wolf
Your Favorite Financing Strategies
15 October 2020 | 3 replies
I am looking to break the mindset hurdle of "My savings account dictates what/how often I buy."
Daniel Consalvo
Property Management north of Worcester Massachusetts
17 October 2020 | 7 replies
They basically hold the building liable rather than the owner and that liability transfers from owner to owner until someone deleads it and breaks the chain.
Robert Smith
Early Termination: Is It Legal To Charge Another Month In TN?
21 October 2020 | 2 replies
I'm curious if it is legal for a landlord in the state of TN to charge a tenant an additional months worth of rent as liquidation damages if they break the lease early?