Alex SImon
Firing a property manager
How do you fire a property manager, properly?I don't have a contract with them on which I can fall back, they were the in-house property manager of the turnkey company I bought through. I'd buy from them again, but I...
Brandon Allenczy
Hard Money/Private Money
Hey BP!
I'm looking at scaling this year and my goal is to buy 6 more units (3 duplexes or equivalent).
I'd love to use the brrrr method to get these so I can minimize the cash I have tied up in the properties. That...
Ryan Barr
FHA Pre-Approved: How To Increase Loan Amount?
Struggled with the title. Like the title says I was pre-approved for a $235k FHA loan without a property in mind. Theoretically, I find a duplex worth say $280k, with a tenant in one side paying rent. I go back to the...
Rodney Montalvo
Financing possibilities for obtaining mortgages
I have a question. Can you finance a multi family with the false pretense that you are going to be living in one of the units? Thereby obtaining a lower interest rate on your mortgage. Does the lending institution e...
Kevin Allen
Costly Newbie Mistake - Altamonte Condo
I thought I had all my ducks in a row...Just this past week I found a great rental property through a local wholesaler. The numbers worked (positive cash flow), I inspected the property and was working with a mortgage...
Walt Strader
Fraud in MLS disclosure
I recently signed a contract to purchase a home in VA in which the MLS listed the house as having 2460 sq. ft. When the appraisal was done, the appraiser verified the house only had 1948 SF. I shared this disparity ...
Dan F.
Perks to becoming an accredited investor?
Are there perks to becoming an accredited investor if one is planning to just invest in SFH/MFH? Does the designation help in building networks or being looked upon more favorably by lenders?
Mitchell Hart
Mobile Home Park Inspections and Due Diligence
Myself and two partners are under contract on a 10 unit MHP in Greene County, NY with well water and septic. The property also has three houses and a 5 unit apartment building. I am looking for an inspector and wonde...
Aimee Lawrence
How has the pandemic changing how you select tenants?
We have one rental in Fort Collins, Colorado. Our tenants are moving out next month and I listed the property on Zillow rentals. We had 10 applications in the first two day, most people had credit scores over 700. Nor...
Nik Moushon
Who uses Cozy.co for online payments?
Looking to see how many people use Cozy.co to take online rental payments? I've only used it for one month and it seems, at least to me, that getting payments takes FOREVER! It took 8 days for the last payment to go t...