James Bordeaux
Pickle in a Fix and Flip
Hi Everyone,
So, I took the plunge. I bought a house (Tax Lien). Last year. 8 to 10 weeks to renovate, but I got road blocked with a redemption and lost about 2.5 months of work and holding costs. Then house gets bro...
Gani Veer
Keep or Sell my negative Cash Flow rental
Hello BP members,I am a new member to BP, and this is my first post. I have a question regarding a rental property in Chicago with below details? It is currently yielding negative cash flow. I am holding this property...
Elena Koyun
Tenant complained about damages after repair
We have installed a new window in our tenant's apartment. Tenant sent us the following email "We would like to address an incident resulting from the window installation. We noticed today that some of our property was...
Dan Bitner
Searching for Niche Loan Products
Hi BP Team,I'm looking to make my first small multifamily purchase in San Francisco this year. I'm lining up my financing but want to ensure I'm aware of the different mortgage programs being offered, and those which...
Will Waterman
Thoughts on Denver Post article predicting RE party ends in 2019?
What do you guys think of the predictions made in the article? Curious to see if people agree or disagree with the forecast.Here is link to article.http://www.denverpost.com/2017/04/16/denver-northe...
Ryan Dukelow
Calculating Cashflow
So I'm ready to buy my first SFH rental, but I'm struggling with a few things. I want to know what expenses I MUST account for when calculating rental income minus expenses. (Tax, Insurance, etc.) Also, how do I know ...
Steven Henao
80k to Invest and Overwhelmed by Choices. Help!
We have 80k to invest but feel paralyzed by the many directions to take! Please help!
Some background:
We bought our first property last year (2023) for $675k. A SFR 3/2 in Long Beach, CA that needed some work. I...
Alex Molina
Lease Renewal. What is the standard rent increase rate (1%, 3%, 5%, etc)?
Hello, I have a rental in New Haven, CT (3 Beds/1bad). It's currently renting for $2095 and the tenants are going to complete their first year in the property and intend to do a lease renewal. According to my property...
Paige Laliberte
Akron/Canton Landlords: What areas would you NOT rent in
Hello all! I am originally from the Akron/Canton area, looking to start investing in the market around the cities, however I wanted to hear from current landlords about areas they choose to avoid. Though I grew up her...
Sharon Evans
Should I finance the Down Payment for a Hard Money Loan?
Hi there! My fiance is ready to emabark on his first fix and flip, and he's looking at a Hard Money Loan with Lending Home to finance the purchase and renovation. As you all know, these HML loans come with a hefty dow...