I just started to read David Greene’s book buy rehab rent Refinance repeat... and noticed at the beginning of the book He mentions buying the property outright then Rehab .rent and Refinance.... however, don’t people ...
After extensive research on HELOCS, I found only one bank (or credit union) that offered a HELOC on rental properties. They only allow a 60% LTV and a rate of 6.125% based on prime of 3.25 plus margin of 2.875. Is th...
My husband and I have been investing in Michigan for several years now. Cities like Detroit are gold mines for investors IF you do your homework and have a reliable and trustworthy advocate right here (a must for lon...
Howdy!My husband and I just bought our first investment property! We received our first applications for the rental, two friends in their mid-twenties. They are both living at home with their parents currently. Do...
Hi All,
This is my first post on here, but I've been doing a lot of reading on BP. What an awesome resource!
Anyway, I have a potential deal for a 5 unit property. The numbers are as follows:
Pur...
BP,
I am still on the hunt for my first great buy and a realtor I've been working with mentioned to me that he knows an old guy that owns a trailer park. To make a long story short he basically told me that the owner...
I have a duplex with a shared front walkway with our neighbors. The neighbor (also a lawyer if that makes a difference) likes to let them run loose in his (and my) front yard. He asked if this was ok prior to doing it...
Hi STR investors, I'm genuinely curious/interested to know if it's typical to charge your guests a cleaning fee AND also ask them to do a list of things as "checkout procedure" like stripping beds of sheets, washing ...
Hi BP Friends,I am working to convince my husband to buy-in to real estate investing. Ideally, I would like to find a property in the Milwaukee area that we can self-manage. We would begin with one lower-cost house ...
I've seen a few articles in the NY times recently about a surge in interest in the preservation of older buildings. That makes sense, since it's important to conserve buildings, especially of national interest for his...