Jennifer A.
Inherited tenants and rental increases/property updates
We are about to close on a duplex with rents which are under market. Current tenants pay $750. If we did nothing to the property we could rent it for $900. If I did a bit of updating, I could rent the units for at ...
Andrew Scott
Philadelphia/Wilmington Banks and Loans
Hi everyone! Been financing deals with personal and private money but want to step up my game. Can anyone in the SE Pennsylvania (Philadelphia/Wilmington) area recommend which bank(s) investors are getting their loa...
Garhett Langer
First deal! Handed a Sheriff’s Sale.
Hey Guys,So may update with questions as I go, but first a little background and then on to the questions.First off, no I wasn’t crazy enough to do a sheriff sale as my own first deal. The short story is I found a pa...
Jesse Scott
Kitchen Remodel on first investement property. Need suggestions
This is my first rental. The structure is a duplex with both sides identical. I need some suggestions for remodeling the kitchen. What to change, what materials to use, and suggested budgets. Thanks in advance ...
Devon Preyer
Buy a rental or touch up my own property
Hello BP community I have a pretty random question!I recently bought my first home not to long ago with the plan of living in it for about 3 years then either preferably renting or selling it. It’s not a distressed p...
Jason Bruning
7 unit historical home
Hey BP Family,
I have found a deal that cash flows nicely but just found out that the building is a historic building. Is this a deal breaker? The building will need some updates per the listing. I have accounted fo...
Brandon Rauscher
HELOC vs Refinancing
Can anyone explain the pro's and con's of refinancing vs HELOC on a rental property you own free and clear? The goal is to continue to purchase more properties, utilizing capital as efficiently as possible.
Sam Gra
First Property Purchased
Hi all! just managed to get first property under contract and now im freaking out a bit incase I miss something during due diligence period. Was wanting to know if anyone has a go to checklist for a purchase to make s...
Tony Lake
HELOC Question on an Undervalued Property
If I am purchasing an undervalued property, can I get an immediate HELOC after sale to finish some needed updates?
Glenn McCrorey
1031 Exchange question
Does anyone know if I do a 1031 exchange selling a rental property and buying another one, then move into the other property after renting it out for a period of time and make it my primary residence what happens when...