Ed Martinez
Down on Investment Property
What is a good guideline % wise on a down payment? If purchasing an investment property would you put more money in to get cash flow positive? Does that even make sense?
Matt Geerts
lease-option a power of sale house
Does this work?Find a vacant house and contact owners.They've been kicked out by the bank under power of sale.I feel that the house is worth 150k as-is, 10k in updates (not big repairs) could make it fit into the 190k...
Don Konipol
What is a real estate investor?
Or, more specifically WHO is a real estate investor?As the term is now used, a wide variety of activities, some having almost nothing to do with investing, many having only a passive association with real property are...
Ming Lim
Here's my plan for 2014 - What would you do?
Hi BP! In my introduction, I mentioned that this is the year for big changes, so I wanted to run my plans by the great minds on this forum.
Current State: I've got two student rental properties in Waterloo (u...
Sandy Uhlmann
Does a non-performing note have to be with a servicer?
Do all non-performing notes have to be boarded with a servicer BEFORE they are worked out? The non-performing notes have some of the highest monthly fees. (usually around $30/month) For non-performing loans which ma...
Zachary Schimenz
Are bad neighborhoods really bad if you have a property manager?
I hear the advice pretty often that you want to stay away from D neighborhoods, but if you're hiring a property manager anyway, why does this matter? You won't have to visit the property anyway, so as long as the num...
Ananth ArianaHegde
Tenant keeps breaking things
I have a tenant that seems to have a knack for breaking things. Ever-since he moved, he has been calling me every month sometimes multiple times to complain on broken things. I recently had to replace the HVAC system ...
Michelle Backer
Properties in New York City — price drop?
Newish to investing. I was just approved for a new mortgageDoes anyone think New York City or Hudson valley is a better investment right now? I feel BROOKLYN is way overpriced at the moment. I can buy a place cheaper ...
Chris Berry
Tenant threatens to kill my family
In june my house was home invaded and my tenant left them in a coma. He broke the lease, lived in the house for over two weeks for free and left a mess and drug baggies all over the road. I informed him he will not ...
Joseph Sherer
MAGIC ELF? Property owners-managers with fewer than 10 units: what would you do with a magical elf?
Hey BP community, Do you own anywhere from 1-10 SFH, duplex, triplex, quads or other properties that you manage yourself? If you were gifted an elf that could tackle only one job, what would you have the elf do to...