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We are in the process of purchasing a property with existing tenants and a 12 mo lease in Texas (Tarrant county). They are brand new to that property, so we (as well as the existing landlord) have no idea of their qua...
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Hello All,Collected enough to cash buy a rental property. Starting to figure out how to find a rental property with positive cash flow, It looks very challenging to find a property.
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hi forum members!I would like a chance at gaining something extra for retirement which is in the next 10-15 years and had my eyes on the rental investment market. There are a few properties which have ok- not bad cas...
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I am looking to finance the construction of an ADU in Oakland. I own a duplex and there is an existing ~550sqf building that I am going to convert into an ADU. I haven't been able to find anything better than a person...
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I submitted a SFR contract that got accepted as-is over the weekend except with an addendum (counter) that we use the seller's title company that was specified on the private section of the MLS listing. We'd prefer t...
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Hi BP familyI'm getting ready to close on my first income property with Wells Fargo. Closing cost are $2792. Wells Fargo is also adding another $3709 in "other closing" cost for a total of $6501. The other cost inc...
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Hi, I have a roof that need to be change, but any time i request for an estimate they come back and give me options. They said i have one layer and i add another layer to it, do any body recommend this. It's a rental....
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Hey BP,
So I know we were taught to make sure we account for cap ex, repairs, and vacancy at a monthly rate when analyzing deals.
My question is, why don’t we just make sure we keep a healthy cash reserve to be ah...
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Hi there,
A newbie here. Seems I found a nice prospect condotel in Tulum and before closing I would like to know if any of you recommend an inspector in the area. This is because the condo is brand new and is finishi...
I've heard people using cash from a HELOC on one property (A) to buy an investment property (B), then immediately do a cash-out refi on B and put the cash right back to the HELOC on A. I'm planning to do that, however...