Neil Narayan
America’s Boomtowns: Top Cities for Economic Growth
Austin was recently deemed one of the top "boomtowns" in the country based on a study by CoWorking Cafe ranking America's "boomtowns" based on population growth, GDP, employment rates, and other economic factorsFort W...
David Travieso
Is ARM worth it for 1st property?
Good day BP family,So I have my first investment property on the hook. With the interest rates on the rise, my lenders initial quotes changed drastically. Now it's 20% down 1.365 pts at 7.625 rate. This led me to seek...
David Mirza
Tax Assesor Hearing - San Joaquin County
I purchased a SFH in stockton on December 2018. My purchase price was $250,000 and the assessor appraised it at $320,000 for property tax purposes. I have a court hearing scheduled for December 16 to try to bring th...
Bill Tyler
Illegal Rent Increases Before Lease Expires - Texas
I have a manufactured home in a MHP in Texas that is on a leased lot which the lease expires the end of February 2019. The MHP sold in September to a Colorado company that has a really poor reputation for their busin...
Matthew Fitzgerald
Multi family cash out refi
Last year I purchased a 21 unit complex and we have just about got the property stable. I believe we have created some equity through this process. I want to do a cash out refi to purchase another property and put som...
Account Closed
To Refi or Not?
Here is my situation:Bought a house in 2012 for 230,000 put down 20% and owe around 177,000.The area has appreciated greatly and the house is currently worth 350,000.We currently use this house as a rental property an...
Aaron Kozloff
4plex - 1 tenant wants to move out Dec 1st - what's the best next step?
In September, I closed on a 4-plex in Ville Emard with the future intention of becoming an owner-occupant, and one of the tenants (paying $1300 for a 2-bedroom that badly needs renos) has decided that she wants to mov...
Taylor Rees
Seeking lender advice...Any hope for me qualifying?
Hi,Thanks in advance for any advice/input...I'm wondering if/how I can qualify for conventional 30yr financing on rental property (1-4 units). Here is my situation:*I'm a small business owner with no W-2 Income for th...
Alex Scotte
rent increase during the pandemic?
My tenants have not missed a payment despite COVID-19 and their lease is up in a couple months. I will be asking them to renew. For awhile, I was planning to raise rent a little because costs for the unit have gone up...
Scott Gordon
Potential First Property - Help with Analysis
Hi All!
I've been posting a bit here and there but mainly sitting back and learning from all of you on this site while I've been in the education phase. I'm finally about ready to make the jump into real estate inves...