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Gut Rehab Costs
I am just curious, what do you guys budget for a gut rehab on like a 1500 SqFt Single Family? I know it ranges, but I am interested in what the different costs are out there. When I mean gut, I mean, putting in new pi...
Breelon Bryant
BRRRR method: Does it decrease cash flow?
Im new to investing and thinking about the BRRRR strategy. When cash refinancing a property, the “New loan” after the refinance is higher so doesnt that decrease your cash flow?I understand that you are taking the cas...
Adam Tafel
Mortgage forbearance - yes or no?
Fanny/Freddy have put special provisions in place to help homeowners and landlords. Has anyone read the fine print? Wondering if there is any downside to doing this for a few months. Even if your property is fully ren...
Trey McGovern
Can you rent your house to yourself? Let me explain.....
So I am in a weird situation. I have been actively investing in Real Estate for the last 6 months, but have had the idea for 3 years or so. Over the course of that time and during my research and thinking phase, I was...
Brandon Hicks
Pit bulls as service dogs.....
Just got a call in Indiana from a lady whose kid has a pit as a "service" dog. Thoughts on this? Can I still discriminate against the breed as I normally do with pits, rotts and so on even if they have papers?
Jennifer H.
Should I charge late fee on the first month?
Husband and I don't agree on whether or not we charge a late fee for the first time rent is due, let me know what you guys think.
We just had a lady move in on Feb 1st and this March 1st is the first time ren...
Daniel Guerra
Down payment for Contractors
Do you give a down payment to a Contractor before he does work?
I'm having a hard time finding contractors that would do work without a down payment.
I feel like even with a contract, a contractor could just walk ...
Jon Stephens
Difficulty securing contractors
Good morning all!I am eager to get started with trying my hand at some house flips, and one of my concerns surrounds contractors.How do you get contractors on board in a market where they are struggling to find enough...
Russell Brazil
Agents Do You Prefer Large Brand Name or Small Boutique Brokerage
I have been with both a small boutique brokerage which had unbelievable commission splits, and with large brand name ones with bad commission splits. Which do you prefer?I actually prefer the large brand name even th...
Anthony Standard
Self Directed IRA funding
Hello BP Community,I have in a Self-Directed IRA. I'm ready to pull the trigger on purchasing my 1st multi-family property. My question is, when I buy my property and its cash flowing monthly, how do I reap the financ...