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How do I play this correctly to maximize price? The house was not on the market; however my property manager informed me that my renters (pre-aproved, good credit, etc) are interested in buying it. I said I would co...
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Hello BP,My wife and I bought a duplex in Augusta in March 2017. One of the tenants was inherited. He was paying $600/ month at the time. As we took over, we increased his rent to $635 (market at the time was $750. We...
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With the upward trending of AirBNB and VRBO, I am looking into finding out more about how a management company can turn the management of those types of units, and those types of investors, into a viable business mode...
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I'm looking for best practices to employ while shopping for mortgage loans for investment properties (small multi-family and SFR). My standard approach is to pursue 3-4 lenders when applying for a mortgage. I typica...
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I am currently house hacking and have a few tenants/roommates living with me. I currently pay the water and internet bill out of pocket and only request rent and the electric bill be paid for by the tenants. My house ...
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Hi, first time post! This site is awesome, been lurking for a few weeks.I’ve been listening bp podcasts for little over a month now. I’ve also read buy, rehab, rent, refi, repeat.Both myself and colleague at work are ...
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Hi Y'all,
Here's the story, and my thoughts. Please help and correct any misunderstandings I have...
Friend bought a house FHA for $127K about 6 months ago. $5500 total out of pocket at closing.
A buyer (former ow...
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Hello,
I am thinking about renting a 3/2 1500sq ft home to a family of 6. Four kids ages from 7-12 and two adults. That's two people per room. Is that considered wise to do? Is that full occupancy or more than recomme...
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I recently acquired my first short term rental in Broken Bow Oklahoma. After getting everything set up, I was able to post the listing on Airbnb about two weeks ago, and on VRBO about a week and a half ago. I have set...
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Hello everyone. I’m trying to find my way into multifamily investing and I’m trying to find a property that I can reposition usIng seller fInance. I plan on financing a few years down the road once It Is stablized wit...