Travis Reed
Is it good strategy to send last minute lease extensions?
I am managing 3 commercial office tenants all with 2 year leases. I'm not sure if this is considered "good business" but I was thinking of sending them their new updated lease/extension about 1-2 weeks prior to the e...
Account Closed
paying off the mortgage- the best strategies?
Ok so I would like expert opinions on the best mortgage options for rental/income producing properties. If I have a positive cash flow prop, is it wise to apply the positive cash to the mortgage principal? does that h...
Kellen Driscoll
Airbnb on Cape Cod, MA
Hey BP,
Is anyone doing Airbnb on Cape Cod in Massachusetts?
I am curious to know how it is working out for you and if you do short term rentals year round.
Thank you,
Kellen
Tua Lino
New home question
Few weeks ago I closed on a townhome worth 524,000. My interest rate is 7.1% so my mortgage is $1000 more than what this property can rent for right now now. My plan was to buy this and live in it for a bit, but then ...
Mak K.
Rental Loss Denied as Lease was under name of LLC
So I have Travelers insurance and my rental loss was denied as insurance was under my name while the lease was under LLC. Well my insurance does mention additional interest as LLC. Travelers is just denying claims rig...
Isamar Ochoa
Low DP options for a $1.5M home in the Bay Area to househack!
Hi BP Fam,Just wondering if anyone can help send me the right direction. I'm ready to make my next home my primary residence to qualify for low DP programs (ideally 0% DP). I've heard that some programs have a price l...
Brandon Monaghan
Probate wholesaling help
My local courthouse told me that I can not use estate probate records for self gain. Would using them for finding motivated sellers be considered self gain if I'm helping them liquidate their property? I was asked mul...
Ibrahim Hughes
Buyer Agrees to Pay Above APPRAISAL Price - Will FHA allow?
Greetings everyone. I have a property I'm selling where the buyer has agreed to pay $25k above what it was last appraised for 2 mos. ago when another buyer was purchasing using a conventional loan. That buyer initiall...
Trevor Ewen
Who wants to move?
It's amazing to see my home state of Illinois at the top of the list of places people want to move 'from.'
http://www.gallup.com/poll/168770/half-illinois-connecticut-move-elsewhere.aspx
It's also inter...
Robert Obniski
Thoughts, Advice, Direction on "leveling up" plan
Hello, I'm currently putting a plan together that involves me selling my 3 duplexes + 1 condo and using 100% proceeds towards a down payment for a larger 8-16 Unit building. It's definitely more complex than describe...