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My primary of 25 years became my first rental when my wife and I moved this past spring.3/2, 2150 SF all brick ranch built 1956 in Charlotte. No mortgage. $2500/mo rent.My options are:1. Keep and continue to rent but...
My AC unit in our house keeps going down. We rent in Florida and have been excellent tenants for several years. Our AC unit keeps going down - not blowing cool air. Leaking freon under the house in lines. Our landla...
Hi everyone, my name is Jarred and I am newer to the BP forums. I am sorry if this concept has already been covered but I am having a hard time making a decision on my next investment and overall strategy. The general...
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The last house we bought was in March 2017. We are in the process of refinancing a duplex and get finances sorted out but lately I have fealt that I have not been putting much effort into wanting more even though we d...
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When I bought this house with a mother in law suite I inherited a renter in the little attached unit. Since she was section 8 housing (which was an absolute nightmare to set up) we immediately signed a new lease which...
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Hey BP,Interesting opportunity came up for me last night and I wanted to get an outsiders prospective on it.I was talking with a friend last night about the Duplex I am closing on later this month and touched a little...
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We discussed this in the office, so I thought I'd write it down. Something to keep in mind when running the numbers on BRRRR property:
1. Rent after the renovations is a key number to have dialed in. The rent will de...
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Hello everyone -
I'm hoping to get some general input on what I should do with one of my rental properties (eg, do you think the amount of equity I have would perform better in a different investment). Also, what cal...
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My mortgage broker has told me that I won’t qualify for any more mortgages because my debt servicing costs have exceeded 40% of my income. In reality my rental income covers almost all my costs, but the banks only cou...
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Hey everyone, I have a property I'm considering purchasing and it currently has window units. This is typical for the area, although some (not all) of the renovated homes out there have been converted to central air....