I'm trying to wrap my head around whether a HELOC is a good idea for an investment property. I applied for a HELOC and got a "counter offer" for a HELOC - Interest Only. Is this a good strategy to use for making dow...
I have an applicant with bad credit, but high income (and under contract). He is willing to be flexible with a lease structure. I would appreciate any feedback on the idea of setting up an 18-month lease with the firs...
I am considering house hacking in San Francisco with my wife and two small kids. I've noticed many multi-family options available, with some promising the possibility of living almost rent-free. However, I'm wondering...
I've got a 5-year old judgment in Virginia Beach (total value of judgment, legal, and interest currently around $8,000). I've been able to locate the debtor, who since gotten married & bought a house in the Fayet...
My wife and I are looking at an REO 2-family property in New Hampshire. It seems like the numbers could work for positive cash flow and following the 70% rule, but I'm not sure if the town that the property to rent ...
Hey BP members. Couple of questions.
- What are ways you allow your tenants to pay you for rent?
- What is the most effective way to get paid?
- Anything you learned not to allow?
-Any stories relating to issues ...
Hi ,I have 4 properties. Each property is under one LLC (Sorry I have to keep it under each LLC). I am the owner/Landlord/Property Manager. As I grow my portfolios, its getting tedious on accounting since quickbooks r...
Hi All,I am looking for a carpenter/handyman in the Chicago area to help replace four of my windows in a rental unit. I have already purchased the replacement windows so i am just looking for labor. Unfortunately the ...
Hello,
The sewer line is not accessible from a basement or crawl space. Removal of floor in apartment is necessary and the project will take a week or so. Will insurance cover the cost of replacement and the cost o...
we currently live in an apartment and we had a pipe burst with our aquatherm system. The pipe is in our ceiling and we live on the fifth floor. Our apartment is saying we are liable for damages because we don't use he...