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Hello, so I have been reading a bunch of post on BP and have been doing a lot of study’s in obtaining my first rental property. And I finally had the guts to ask online so I hope it gets answered. I would like to purc...
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Hello all and thanks for any help you can provide. My husband and I rent out a single family house in Florida worth about $400k, with a mortgage of just under $80k. We would like to purchase a property in Illinois (wh...
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Has anyone ever considered placing security deposits in the stock market? I'm talking about dividend paying stocks such as Google, Apple or Microsoft. It's an idea I've been playing with. My rental property is in Fort...
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We have properties in C/C- neighborhoods, so, a lot of prospective tenants come with ‘baggage’ - evictions, criminal records, etc. As a result, once we receive applications with authorization to conduct background che...
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Hi All,I'm Hoping for some clarity and understanding with my current refinance process.The underwriter at the mortgage company I am currently working with for a refinance has requested that the appraiser reduce GLA (G...
Hello-
Currently in an apartment where water damage was very apparent a few days ago. Floors had puddles all over them. A water restoration company assessed the damage, ripped up the floors and drywall and have fou...
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Hey BP nation. I have a co-worker who offered to sell me his duplex for 140k. Current rents are 1k for one side and 1050 for the other. The numbers look pretty good but he told me that the roof will need replacing in ...
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First off, forgive me because I know there are similar threads but I'm hoping I can get some very specific help.
I'm in Google Sheets/Excel working out what was proposed to me and now we got three people with separat...
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If it possible to get a property under contract, and sell it to a buyer that had been approved to finance the deal?
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Hey all!So heres a little update on my property-- Its now fully occupied! Only took 4.5 months, but not once did I have to pay out of pocket to own that property. But now that its full Ive run into a problem-- Laund...