Daniel Ortiz
Reserves - How much cushion do you need?
Hi All, My goal is to purchase a multi family rental in 2018 and house hack it. I'm curious to know how much you all budgeted for reserves when you purchased your first deal? Would you take your 401k into consideratio...
Wes Burk
Why should a seller short sale?
Facts as per CAR attorneys:
1. FICO impacts are the same on SS and foreclosures
2. Banks will seldom if ever relinquish their right to recover on deficiencies
3. There will likely be tax consequences with SS and th...
Joanna Schutte
Do Hard Money company, reviews?
Hello & thank you for the help! I am a newbie looking to do my first deal. I have very little capital with which to work & I am looking at hard money lenders- specifically the company Do Hard Money.I found the...
Robert Taylor
Should I spend the time necessary to try to create a "brand name" for my flips?
I've been flipping houses full time now for about 2 years, I did it part time from around 2004 to 2007 and got back in a couple of years ago when I saw and heard that the market was good again for flipping. In my f...
Katrina Cabral
Yikes, What did I do wrong?! All my inquiries dried up!
I only have one rental and this is my first time listing it for rent. I listed it and got close to 50 inquiries within 24 hours. I sent a reply to all those that inquired and suggested that they reply with their name ...
Dennis K.
Arizona tax liens to foreclose with foreign owner question & more
Howdy everyone,I'm new to the forum and just beginning my journey into buying delinquent back tax parcels as well as some tax liens in several counties in Arizona. I've done a lot of research here and in other places...
Julie Macd
How do you manage your maintenance reserves
Across the forum, we talk about ensuring that you maintain your reserves... but how do you actually manage them on you own the properties? This question is for the properties you plan on holding. If you are flipping, ...
Nick Rutkowski
Mortgage and Rent Cancellation in New Bill
Hey BP, Congress is thinking about passing another stimulus check for the American people. There are two proposals, one outlines 2000/month for each individual and the other stops rent and mortgage cancellation for 1 ...
Joe S.
Does ceiling fans increase the rent rate or not?
Does ceiling fans/ light combo increase the rent rate or not?I just purchased a house that had nice lighting in the bedrooms, but was not ceiling fans. I know ceiling fans are just something extra for tennis to break,...
Abhishek Banerjee
Househacking in the Bay Area
Hi all,
Long term BP member but infrequent poster. I currently rent in SF (SoMa) but starting to consider a MF purchase in Q1 using a FHA loan. The idea would be to move into one unit while renting the other(s). I do...