Jack B.
$300-$400 below market rent: to raise or not?
Had the same tenant two years now at $1,350 a month. Current market rent is $1,750, so I'm leaving about 5K profit on the table each year...They are for the most part taking care of the place, a few stains on the carp...
Troy Egar
New to Houston and REI
Hello everyone! Hope you're enjoying the weekend and a great turnaround for the Astros in the World Series.
My name is Troy and I recently moved down to Houston from the Northeast after graduating college back in Ma...
Patrick Kaiser
How do I convince flippers to list their homes reasonably?
Background: I am a real estate agent who runs a flat rate listing company, meaning I make the same amount no matter how much houses sell for. For that reason I don't mind necessarily care if houses sit on market forev...
Matthew Ryan
Do you agree with these probabilities for landing an investor?
I've been building my investor database, and within that, I've created an Investor Pipeline that associates each investor into a stage of our communication, in addition to an assigned probability for landing that inve...
Mike Seluk
Any benefit to paying off my first place?
I suspect this may be a self-answerable question... :oops:
I currently live in a small but nice townhouse. I want to buy something else, but I'm wondering if there would be any benefit to paying off this place be...
Max T.
Applicant A or Applicant B?
A is solo, recent law school grad, no pets, no smoke - but makes $200 less than the 3x rent rule.B is solo, no smoke, makes plenty of $$ - but has 2 labradors (sometimes). B is splitting up from a relationship with "p...
Will Hamilton
One Year Left in Town- Rent or buy a Condo
Hello BP Community,I need to change my living situation, but I will likely only be in my current city for another year.I am interested in rei, but have been holding off until I know which city I am going to settle in....
Logan Day
STR Partnership (Vacation Home Loan Qualifications)
Hi all,
I wanted to get the brains at BP's opinion on this.
I was looking into beach front homes to use as a STR in FL. I am hoping that I can use a 10 percent down loan for this and classify it as a vacation home. ...
Serge S.
SFR mortgages suspended for one year
https://apple.news/AFcOFEwVhQx2kC15f0FIqegFannie and Freddie ordered to suspend mortgage payments for a year, smaller banks expected to follow.
Kingsley Okwerekwu
Flippin my 1st home, do loan terms matter if i sell 3 months L8r?
This may be a stupid question but... If I’m flipping a house, does it matter if a bank offers me a certain term length or interest rate if I’m just going to sell the house 3 months later?I ask because if one small ban...