Steven Pesavento
Understanding Current Market & Expected Returns (MSP)
Hi BP,I'm working on analysis for a few different markets that our on my list, as I'm looking to move to settle in a new area. My two questions are: - What type of CapRate, CoC, and other key performance numbers shoul...
Account Closed
What are the steps and important things to remember when looking at foreclosures?
What do people intend to do when looking at foreclosures?Is it to repair and sell? Rent? Is it possible to wholesale?I am new to this and asking to gain more knowledge on the subject of foreclosures as a whole
David Wilson
I need to make a decision today on this deal. Please advise.
I have a house that I put in a cash offer in on for 60k. It's a short sale and they countered at 65k. The house is in a solid B area. It needs a little bit of work no more than 10 K to get it looking great. The houses...
Chase Novotny
What’s your best piece of advice for a first time home buyer?
Looking at finally purchasing my first home. I want to live in it as well so my plan is to house hack and rent out the top. Is their anything I should keep in mind? I plan on buying another house ASAP, do I need to li...
TaRa Mehta
Credit Score Conundrum
Hey all,I've listed my first BRRRR property for rent. It has been renovated REALLY well and I got a LOT of inquiries the first week. Now it has dwindled down. People don't reply back once I say that one of the require...
Linda Roberts
How to deal with troubled tenant in Massachusetts?
Hi, I am a new landlord and have to learn a lot. I bought a multifamily with tenant that does not want to cooperate with me. My story is not at all so dramatic compare to many other stories on this forum, but I want t...
Drew Cameron
Mortgage strategies
I recently came across a new strategy that I don't quite understand and it sounds too good to be true. The principal is simple. Use your heloc to pay your mortgage and funnel all your funds in and out of it like a che...
Kenny Tan
Tenant (long term) acquired dog without asking
Hi folks, one of my 2 rentals is long term. They did not skip rent so far, but always late. I raised the rent little, just because I liked them with kids and all. Rent jumped in Sacramento last few years, rent is now ...
Justin Repp
Separating utilities
Hey folks. I am looking at a MF property that is priced pretty well and is in good shape. The cap rates with heat, electric, and water/sewer included in the rents are respectable but would be double digit if I could...
Michelle Mapp
Land Trust Attorney in CA
So , I don't know if I have ever heard so many different stories as I have regarding Due on Sale Clauses, changing title to an LLC or Land Trusts. I can not believe how many people I have spoken to and how many artic...