Jacob Beemer
Need more funds. What are some suggestions for my situation?
Hi everyone! So right now I am flipping a house. My first time and boy is it stressful. But I’m trying to keep calm and think of the golden ticket at the end. So my situation is basically out of funds. I’m looking to ...
Jason Carlton
Atypical pre-REI situation: lower choppy income, new small biz
Hey all, brand spanking new to this forum and looking for guidance for a situation I haven't noticed being covered. Apologies in advance if there's too much detail!So I really want to set myself up to get I to REI as ...
Tyler Brown
How would you handle wording this situation into a lease?
I have a single family home that's rented out to three college students. They're all on one lease, jointly and severally liable. They're Person A, Person B, and Person C.The lease is up on April 1st. I recently rea...
The Menace
What do you do in this situation? Buying another property
I have a house and I'm thinking of taking advantage of this great market opportunity to buy a newer house for myself, then rent out my existing house.
Now, I'm worried about the possibility that I won't be able to re...
N/A N/A
Here's My Situation... How Would YOU Finance My Next Rental?
So last month, I finally bought my first rental. I did it on a 5-1 Option ARM. I also have the same thing (5-1 Option ARM) on my private residence. Now... I'm making interest-only payments to keep from going into n...
Cameron Riley
Tenant Late on Rent - How Do you handle This Situation?
- Do you instantly jump into the eviction process? ( Late More than once, they have also passed the 10 day period of grace ) - Do you ever BEG or Repeatedly Text A Tenant Asking For Their Cash/Rent Money? ( my partner...
Christian Benitez
What would you do to continue REI in this situation?
Hello BP Community,I would like to get advice or any recommendations on my current situation. I know there are many here with more wisdom and life experience and want to get someone else’s perspective. I introduced my...
Daniel R.
Dumpster in drive of neighborhood home- How to approach situation
This past week, a dumpster has popped up in 2 (not 1 as the title says- character limits!) driveways in my neighborhood, which is something that never happens here! Earlier this week, a monster one was dropped off a...
Kenneth Peagler
How Should I Handle This Situation? Sell vs. Rent out
In 2014 I inherited a property that was purchased for $38k 20 years ago in Pittsburgh, PA. The house needs some work but its market value is around $100k and the ARV is around $180k. Great location. As I look at th...
Patrick McCracken
Does A Cash Out Refinance Make Sense For My Situation?
Hi all,
Trying to slowly build our buy and hold portfolio in Buffalo NY to eventually allow rental cash flow to replace my W2 salary. Right now I own 2 duplexes. One was a personal residence that we bought about 10 y...