Dave Stokley
Refund extenuating circumstances beyond your cancellation policy?
Today is the second time in the past few weeks that a guest has asked us to allow them to cancel for a full refund the day before their stay because of bad weather where they live that may prevent them from traveling....
Ron S.
Paying Cash for SF Rental homes
Was wondering everyones thoughts on Paying Cash for SF rental Homes. I bought my 2 Sf Rentals Cash and have really enjoyed it. It has made it stress free not worrying about monthly payments. This way between tenants o...
Riley Huseby
Wholesaling Closing Questions
I’m just starting out in real estate so this is all knew, but I’ve been listening to some different podcasts (bp of course as well as some others) and the whole idea of double closing in a single day and lining it all...
Aqil Dharamsey
Dealing with stress
Hi BP world. I am currently investing in Rochester NY and often wonder how my fellow landlords/investors deal with stress on a daily basis. It seems as grow bigger in my investment career, it has become much tougher ...
Eli M.
Rehab loan vs out pocket cash. Deal Analysis
Dear BP community,I need your help/input in my deal analysis. I have two options in front of me either to obtain a rehab loan, which will cost me $10k for six months ( points, fees, interest) or just finance the entir...
Justin Hammerle
Have Interest Rates Finally Peaked?
The Fed increased its benchmark federal-funds rate again this Wednesday which will now range in the 5-5.25% representing a 16-year high. Some economists are claiming that this raise was already priced into current mo...
Jay R.
Horrible start for first timer!!
Hello BP Community,I've recently bought a 3 family complex and everything started off well. I was getting rent checks on time, the house was fine, then everything took a turn for the worse. I had to file a Pay or Quit...
Tyler Warne
Is a recession coming? Can you afford it?
As interest rates rise there will be decreased purchasing power. This automatically decreases the amount of house, duplex or whatever we can by (if a loan is required) based on the debt to income ratios that a bank of...
Ashley Zhang
is Lease-To-Own a good idea?
My new built construction has been on market for over 50 days since it has been completed. It was on the lower end of price range in the subdivision. Now I just dropped the price $2000. The construction loan is eating...
Clayton Moss
Termite damage deal?
Hey BP, I am looking at a duplex 3/2 both sides, with a 1/1 separate garage apt. It's in a historic neighborhood close to riverfront. It's a great location!
The property has been on market for a year and has come do...