Michael Ritrovato
Should I sell or keep my rental property
So here are the details on a rental property I currently own. I bought a single-family home back in 2007 with a VA loan. I am currently renting it out for $950/month. My mortgage is $822 but I pay $950 just to pay ove...
George P.
When your tenant gets a pet in your pet-free rental unit
Apparently it won't be as easy as 1-2-3 to evict. Apparently the pet can be the owner's emotional support pet.
Read more: http://www.post-gazette.com/pg/11175/1155999-100.stm
Rich Weese
Now I understand why flippers are having to work
I saw an article on Phoenix TV yesterday that explains the current market for discounted properties. I know the local Phoenix BP members have been working much harder to find "good " deals and much smaller margins.
2...
Kevin Kaczmarek
Landlording Best Practices
I would love to hear from the BP community what they believe are best practices of being a landlord? We are in the process of updating our documentation and procedures, and I want to make sure we are not missing anyth...
Jonathan Paz
Oahu Buy and Hold
I'm an active duty Air Force member moving to Hawaii in a couple of months and wanted to see if anyone has any tips for buy and hold. I will be working at JB Hickam/Pearl Harbor and my wife will be working at Wheeler...
Patrick Flanagan
What is considered over leveraged?
My plan is to buy 4 4 plexes over the next 4 years. Im living in my first one currently. In my area they sell for 700-900k. So after 4 years I’ll be 3-4mil in debt to the bank.I’m a avid listener to Dave Ramsey, I bel...
Richard E.
Puzzle to solve: How do we buy a new house without selling our current one?
esteemed listmatesI have some friends who have a real estate problem - but don't know it. SITUATION:They have a great 3 bedroom house in San Rafael, with About $600-700k equity. Bought for around 900, worth at least 1...
Ryan Moore
End Lenders For "B" Sells To "C" With No Seasoning.
Successfully Closed Back-to-Back Closings
End Buyer’s Lenders List
Wachovia
Key Bank
Tower Federal Credit Union, Pennsylvania
Wells Fargo
Equity Home Mortgage
SunTrust Mortgage
Contour Mortgage Corp.
Countrywide ...
Leanna Nixon
Cash Out Refi in Under 1 Year?
Hi all, I am doing my first BRRRR. Purchased a 4 plex in Cleveland in August last year and put a good amount of funds into renovations. I'm hoping to do a cash-out refi as soon as possible to take the funds back out. ...
Nathan Gesner
What kind of late fee do you charge?
What kind of late fee do you charge, and why?One-time charge of $XXXSmall fee that starts on Day X and continues to accrue daily until Tenant pays in fullCombination of a one-time charge and then a smaller daily feeWh...