Nathan Gesner
What is your biggest fear as a Landlord?
Are you afraid Tenants will trash your rental?Tenant won't pay rent?The economy will turn and your rentals will sit vacant?You've over-extended yourself financially and the next problem will wipe you out?What keeps yo...
Nathan Gesner
Small Landlords are choosing to sell
More Landlords are choosing to sell, and I can't blame them.https://www.cnbc.com/2021/03/2...
Nadir M.
Tenant doesn’t want to place TP in waste basket
Hello BP,
Wanted to get everyone’s opinion on what they would do in this situation. My current tenant said that the toilet is clogged again. Had it opened about 3-4 weeks ago and the reason was too much TP. I told hi...
Ben Leybovich
Leverage Is Through the Roof!
Lenders are getting more and more aggressive in their underwriting - read this...I am researching a project and reached out to a friend who is working for a big lender. He confirmed - they are approving stuff that m...
David S.
When is enough enough? How many homes does one need!?
Perhaps I have an inner socialist I’m not aware of, but I have to ask the community, when is enough enough as it pertains to number of units owned?How often they ask on the podcasts “where are you going from here?” An...
Calixto Urdiales
HUD & FHA Loan Programs and Grants!
Hello there everyone-
Not too sure if this qualifies as an announcement but I would like to let people know a little bit more about HUD (Housing and Urban Development) and FHA (Federal Housing Administration). HUD do...
Brett O
What is YOUR process for rehabbing/remodeling a house
Hello BP, I haven't posted in quite some time! I thought it would be interesting if we all shared what our rehabbing/remodeling process looks like. I am currently on my fourth investment property, my strategy is bu...
Kathy Lu
Highest bidder on Homesearch.com auction, what now?
I was the highest (not winning) bidder on an online auction. Homesearch.com called the next day and said that my bid was "waay off the reserve price", so it must be forwarded to the bank for review. The representat...
Joe Pearson
No Reserve + Need Tenant to Afford Mortgage = Too much risk?
So, I'm planning on purchasing a duplex or triplex within Manchester, NH, but my fiancee and I can only afford an FHA Loan 3.5% down and 4.85% interest, 30 yr mortgage, and that will leave us with practically no reser...
Colleen F.
1100 electric heat bill for tenants what besides use could be wrong and what can we do ?
Just got a call from a tenant parent and the January electric heat bill was $1100. In past years the highest it went was $800. The heat is all electric baseboard with one room with under floor heating on slab and o...