James Masotti
Flooring for Rental
I know this question has been asked a number of times...but I'm really struggling on this for some reason...and am looking for those of you more experienced to help me make some sense of this.The new rental I'm schedu...
Danielle Ratto
Tenant child tested positive for lead poisoning in our property
Hello,My tenant just let us know that her son (11 months) just tested positive for lead poisoning. We also live there and just had a baby 5 months ago and she advised us that we need to get our son tested ASAP (it is ...
Simon Obas
Is it okay to ever waive the inspection?
Hello everyone. Is it ever OK to waive the inspection? I put in an offer for a three family home, recently fully renovated inside and out. In speaking with the agent he mentioned I have a better chance of getting my o...
Kevin S.
What would you do?
Hi BP members,I am looking to invest in a SFH that cost about $400,000. With 20% down the property will negative cash flow $500/mo. It breaks even @40% down. One lender advised me it's better to negative cash flow ...
Noelle Pritchard Barkley
Have $500k to start RE investing- wwyd?!
It’s fun to dream about situations like this, but I’m not dreaming... And I do NOT want to screw this opportunity up. Asking for real advice.
We sold our Denver home for $800k, a cash offer, we close in exactly on...
David Haynes
The Sky Is Falling! The Sky Is Falling?
While re-reading one of my favorite books Rich Dad Poor Dad, I came across a powerful quote that speaks directly to pessimists and those influenced by their inactivity."WARNING: Don't listen to poor or frightened peop...
Chris Schoonhoven
What would you do If you were investing $80,000
I'd imagine there's a board with this, or a similar amount already but I couldn't find it... My question is, if you had 80-100K to invest where would you prefer to start? Numerous SFH, just 1 SFH, multi-family, apartm...
Billy Cha
New Landlords, Inherited tenants, Upcoming renewal
Hi All,My Wife and I recently acquired our 1st rental property and inherited long term tenants along with the existing lease. Now the lease is set to expire soon and we'd like to increase the rent and incorporate a co...
Greg D.
Buyer Looking to Back Out
I'm a first time home buyer (in NJ), and shortly after attorney's review I had buyer's remorse. I made a poor decision and rushed to put in an offer due to pressure from my agent. I met with a bank's mortgage speciali...
Evelyn Castillo
A newbie during COVID19
Hey BP! Im in the stage ofInvesting in my education. I always hear how if you wait for the perfect time to invest, you will never make it happen, which makes perfect sense. However, given that I am a newbie do you thi...