The other day my agent set me up to see a place that won't come on the market for a week or two. Two somewhat run down 2/1 houses in a nice neighborhood with 1% rule or better potential (which is pretty hard to come b...
Hello BP community,
I have recently started listening to the BP podcast and lead me to this website. I have read a few posts and decided why not try my own in hope to find guidance and constructive criticism.
I work...
Hello! I generally get good feedback on here and this is a situation that is a bit odd so I figure this is the spot for it. Got our first investment house under contract! Did a really low ball offer, had the owners co...
I've got a weird situation with a tenant that I'm not sure what to do. I recently bought a 2 flat in Chicago, and the leases from the previous owner were a complete joke with no security deposit. One of the tenants mo...
Reading the old posts on this STR subreddit for a bit, I see it's not uncommon for people to want this parameter for their STR property. This is a difficult thing to do in today's market. What would trigger this thoug...
Hi all, I've been lurking around BP for a few weeks now, and have been second guessing whether I should wait to begin my REI ventures. My husband and I are currently renting our home and looking to buy a primary resi...
So, my question.
I have a house (Property A) that I lived in for 10 years but moved out of it and into another property 2 years ago.
(Passed The lived in 2 of the past 5 years test)
Property A has 3 bedrooms and ...
Hi, I'm in the process of deciding between two mortgage options for a loan amount of $180,000 with a 30-year fixed-rate term, and I’d love some insight from the community. Here are the details:**Option A:**
- R...
Heres the deal amd I hope I dont confuse anyone. client hires an attorney to buy bank thier loan from the lender. house is worth 160k, loan is at 140; with 8.75% rate. lender is willing to take 75k. now lawyer co...
Hello all,I hope all has been well! I have a situation at my rental property that I need professional advise on.The facts are as stated:1. Friday 6/17, I get a call that the 3rd floor toilet is leaking into the 2nd fl...