Vishal Amin
New Owner and New Lease documents
Hi BR community,
I am taking over a property with tenants already living in the units. The current owner only has a standard lease agreement, which seems very basic. I am thinking of having the tenant that is month t...
Lily Sellers
Help! Is it wise to refinance my FHA to a conventional loan?
Bought the house for 198k over a year ago with an FHA loan and I have a $1059 mortgage. It is now worth about 245k and I have lived in the house for over a year and want to buy another property. I was wondering if ...
Shafi Noss
Mortgage Rates Are Lower Than Rents!
Looking at the Realtor.com's estimate for the properties in Jacksonville, it looks like the mortgage payment is lower than Rentometer's rent! For example, Zillow estimates one of its 90k properties to have payment for...
Emrah Latic
First time Investor-I have a few questions, can you answer them?
Hello everyone, first off I want to thank everyone ahead of time for any insights and advice that you guys can give me. My name is Emrah and I am 21 years old. I want to expand what I do and I want to start investing ...
Curtis Harrison
Are Property Managers worth the money? Can I do this without 'em
Good morning,I'm a landlord with 1 property. It's a 4 bdrm and rents for $1950/month. I have been paying $135/month to a property management company and as far as I can tell, all they do is collect the rent, keep th...
Paul Winka
Vetting insurance of handmen & other Craiglist contractors.
I know it's a mixed bag hiring off Craigslist. Still, I am trying to hedge my bets regarding certificates of liability insurance for a more skilled but small job. I keep hearing and reading, make sure they have insura...
Vy Mai
Confused with the estimated Total Monthly Payment
I've been trying to contact my lender but haven't gotten the answer. So I'm reaching out my BP members :)My questions is based on this estimation, is my monthly paymnet $1070.42 or will it be $1070.42 + $285.15= $1355...
Amine E.
About to pull the trigger.. .but still nervous about this deal
Hello fellow BP'ersI m looking at 7 condos in a 24 unit condos community spread over three buildings. The condos are in good share and in great area. I would consider them B+. The current owner have them all leased lo...
Sharad M.
Any issues with buying a property in flood zone?
Hello all,
I am looking to purchase a property to fix and flip. The property is located in flood zone. Are there any issues with it besides the buyer needing to get flood insurance on it?
Another question I have is ...
Craig Joseph
Triplex purchase after divorce - First property
Life has thrown me few curveballs so I'm just making sure my rationale is good here...I am currently under contract for an ~2000 sq ft (total) triplex that consists of a 1br/1ba separate unit (700 sq ft) and a duplex ...