Matthew Tanis
Would you go through with this deal?
So I made a mistake with a PA on a duplex that needs rehab and misunderstood how much time I had for due diligence. It needs a moderate to heavy rehab and initial estimate was 35-45k. Actual estimate was higher then w...
Joe Rohne
Class Beach House Vacation Rental
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $426,000
Cash invested: $90,000
2 bed 2 bath short term vacation rental 2 blocks to the beach
What made yo...
Grayson Gist
Raising the Rent on Section 8 Tenant
Hey everyone,
I have an inherited section 8 tenant and their rent is pretty low even with the voucher.
I don’t understand the ins and outs of section 8 fully yet, but I have learned a few things and I want to make ...
William Pickett
Mobile home keep or sell?
Hello, first time posting and have been reading a lot on these forums and will continue to do so. I closed on a home earlier this year. I bought it for 87k and put down 20% So my cash and borrowing is over for awhil...
Christina Thompson
Profit split with partner
I bought a house for $30,000. A friend is investing $15,000 cash in renovations and doing $15,000 worth of labor to update the home. Lets say the house is complete after this. We agreed on a 50/50 split. 25% of his...
Trevar James
Cash Out Refi or Hold the current Loan?
Hello community, I'm looking for a little advice. I just moved in tenants at my first rental prop. Its generating about $500 cashflow after mortgage, mat, and vacancy. I purchased the house as a foreclosure so after a...
Yashank Choksi
Recs for Good CPA in the CLT Area
Hey everyone, I am looking for recs on good CPA for me. I have just started investing in real estate and I have 1 property under my belt so far. Does it make sense to have my own CPA when I am starting out or I should...
Nick P.
Understanding BRRRR in relation with refinancing
Can someone provide a numerical example of how to BRRRR your property into refinance? I'm confused with how much you can refinance. I.E. I buy a multiunit that needs improvement for 100,000. Rehab is done for 50,00...
Gerry Deida
What are some great credit card management and budgeting tips?
In summary: I'm kind of new to credit cards. I am an expat in Bangkok and I have this credit card right now: However, I would like to know if you can share some good tips with me on how to manage it properly, and more...
Account Closed
Should I Buy or Walk?
Hello BP Members,
I am considering purchasing a foreclosed Fanne Mae (HomePath) home with a lot of upsides and down sides. I am in desperate need for some advice because I am not very experienced with the ev...