Phung N.
First time starting out. How did I do?
I recently purchased a house in Charlotte, NC. Total investment is roughly $41000 on a $170k house 3BA, 2.5BA. My mortgage which includes tax, principles, interest will be $916. Insurance is $715 a year. I am rent...
Demetrius Clayton
Lease option with Property Management
I’m fairly new to real estate investing so this might seem obvious but let’s say you turn a property into a lease option and you have a property management company find a new tenant for you I know that you pay them th...
Aditya Hejib
Lease Renewal and Difference in security deposit
Hi,I have a question specific to Massachusetts law. I just renewed lease for my tenants and with increased rent, I asked them for difference in security deposit. Per Massachusetts law landlords are allowed to take 1 m...
Brian Garrett
Cash vs. Lending when just getting started?
I have a fairly basic question that hopefully some of you more experienced investors can help me with. Let's assume someone is new to investing, preparing for their first deal and they have $100k cash (for simple num...
Tommy Coleman
Looking for Partnership Structure Ideas
Hello BP folks! I am a Tech Exec that decided about 6 months ago to dive in and research the holy heck out of how to best approach shifting half my investment capital to real estate from just Stocks and Mutual funds....
Todd Krummel
Advice for selling multiple properties
My brother and I own an LLC that purchased a 40 unit rental property (10 buildings, each with 4 units). The area we own them in is rapidly growing and we have decided to convert them into condos. If we were to sell ...
Caroline S.
Can I get out of a new build purchase agreement
Hi Everyone, i posted this in another category, but i wasnt sure if it is the correct one, so I'm posting here in the General Real Estate category. I apologize if you see this post twice.
about a month ago, i signed...
Mike Schorah
Less Cash if Refinance BRRRR Before 6 months with HML or CU?
Will you get less cash if you refinance a BRRRR before 6 months with hard money or a credit union?On BP podcast episode 567, David Greene said that you can do a cash out refinance on a BRRRR before 6 months by using h...
Greg C
lease renewal
We have a nice family renting one of our SFR , been there a year and lease is up and they want to stay another year.
Can i just write up a quick letter stating that the same lease is renewed for another year term fro...
Pedro Paz
Flip or hold? In a massive limbo
We bought a property in the DC area initially as a flip. But through the process, we met a local property manager who analyzed our property and gave us numbers in income. So we decided to go that route as a short term...