Brenden M.
Lender is charging a higher FHA rate because it's a multi-family?
Hi all. I am in the process of purchasing a triplex with an FHA loan. I started shopping around with a few different lenders on Friday, but only one has gotten back to me with concrete numbers after I submitted a loan...
Rusty Thompson
What kind of tenant are you most easily fooled by.
Being a fairly new landlord (3 years) and having just gotten into my first multi-family. I have found myself making concessions for a certain kind of tenant more than any other. I seem to give much more leeway to t...
George Genovezos
who do you use for a self directed 401k?
Hi all,I have some funds in my 401k that's not performing. It's currently with Fidelity and they don't offer anything self directed.Who should I use to purchase real estate with? What kind of fees should I expect?Thanks!
Calogero Fucarino
Strategy for buying my first income property
After years of reading, learning, discussing, and planning.. I’m ready to pull the trigger on my first income property! Well... I have some more planning to do. Quick background on me: I’m from the greater Grand Rapid...
Jon Crosby
Evolve Updates for 2020
I just received word of updates to Evolve's systems and platform for 2020. As many of you know I'm an Evolve customer for several years now and often share my experience with them (both good and bad). I'm curious ab...
Laura Engel
1st Flip Property - Now What??
Hello Everyone.I've been following forums and watching webinars - learning a ton from you all - thank you! Well, it's mid-November, and I did it! I pulled the trigger and purchased my 1st, 1968 SFH needing some updati...
Brian Silvia
General rule for cash flow vs total cash invested?
Is there a general rule of how much total cash should be left in a deal, vs the monthly/annual cashflow?For example, if I were to BRRRR a property and end up leaving a total of 24k cash in the deal, knowing that it sh...
Amanda Thompson
Luxury short term rental company wants to lease my property
I have a listing for a really nice duplex community (12 units in all). I was contacted by a company that specializes in luxury short term rentals (for professionals like traveling nurses, etc). This company wants to l...
Atampreet Singh
Appraisal came in at 235k, Under contract for 277k. Buyer here! HELP!
Hello all,I am under contract on a 4 bed 2 bath home in one of the nicer suburbs of Detroit, Auburn Hills. I am under contract with seller right now for 277k with 8k in seller credits negotiated upon inspection. Now,...
Lauren Heart
First time Bed Bugs!!! Tenant wants to sue! Advice anyone?
Hi BP Community!One of my SF in the Dayton, OH is reporting bed bugs. They moved in December 1, 2016 and just reported it to my PM this week. I know it wasn't infested 6 months ago, and I have always made repairs in...