Kar Sun
Potential tenant pre screening
I am at the pre-screenining process.Every potential tenant has to answer a set of questions before I even show my property as I do not want to waste my time on tire kickers.Potential tenant:has a toddlerhas one colleg...
David Schoolcraft
Seeking advice on locations for commercial investment
I am a licensed associate broker in Michigan with plenty of experience in residential real estate, am an investor in residential real estate, and with zero experience on the commercial side. My friend attended a recen...
Rob Ritter
I’m an RN who wants to jump in rentals. Help!
Hey BP! I just turned 25, and I’m newly married. My wife and I are both registered nurses and do just fine, but not as fine as I’d like to do. I want to obtain a property for rental income as soon I can, but want to d...
Russell Dodd
Positive Cash Flow but What If.... Advice Needed
I own a property and it is rented to a great tenant who always pays the rent on time and cares for the property. My concern is should I sell and get out now. The rent more than covers my expenses but the property is 3...
Felix Z.
Chicago Climate: Slab vs. Crawl Space Foundations
Hello everyone, I have been active in my search for my first property and wanted to gain some insight on the pros/cons of a slab foundation vs. crawl space/basement. I know slabs hold up well in warmer climates, but d...
KATHLEEN DEEGAN
How much is enough to save
I have 3 rental properties and have saved a portion of the rent for emergencies, repairs or vacancies.
How much should I have in my account for each property?
Thank you,
Kathy.
Alice Ham
Help on current deal with seller permits
I am currently representing a client in Orange County, CA who is purchasing a home where the seller (an experienced flipper), bought the home at a foreclosure. The house was a 3/2, but the seller turned it into a 4/3 ...
Jim Burkett
Seeking guidance on 1st deal - are my assumptions reasonable?
I own some acreage across the road from my home and would like to put 2 mobile homes on it (2 are allowed by Parish/County). The land is paid for and has a water well on it. The plan is to borrow money from a HML to...
Avi Werdeshaim
HOW MUCH SHOULD I LEVERAGE?
Hello,My Rentals protfolio is currently 35% financed,Im thinking of pulling more cash in order to keep growing with more rentals.How much do you think i should leverege?Thanks!
Joshua Nowell
How to comp a property
I read a post on accurate comping. The author showed me how to make relative ARV comps(comparables) closer to the property I’m analyzing. He’d take three of the closest comps then find where the comps differ and incre...