James Lanier
Raising Rent on Pre-existing Tenants
Hello everyone, I am closing on a three family unit next week. The first floor is 3 bedrooms with washer and dryer in the unit (1,000 rent). The second floor is 3 bedrooms slightly smaller without washer and dryer (85...
Jeffrey Ward
Pre-Existing Option Contract On Rental
How does it work when you buy an investment property where the previous owner had an option to sell contract with the current tenant? Will the consideration payment be paid forward to me and then I am short an option ...
Zoe Lee
Preexisting issue not disclosed by seller
Hi there,We recently bought a house in Dallas TX. A couple of weeks ago the tenant called about toilet backing up. We sent a couple of contractors there to look into it. They found that the plumbing lines were not ins...
Manju Nat
Recommendations for home warranty/alternative ideas for repairs?
Hey BP investors! I have a 40 year old duplex in Austin with original plumbing, hvac and AC systems and I'm looking into buying a home warranty to cover eventual repairs. I also have issues with existing washer which ...
Sam Rexford
Fed Cuts Rates by .5 - how should us newbies play this?
Hi BP'rs, I don't have a good sense of how the interest rate cut today will affect me as a new investor looking for my first deal... will it start to drive up prices of homes in areas i'm looking at as money gets chea...
Keith Lanier
SEC attorney or Securities, Experience with Syndication
I am learning more about Syndications, does all Limited Partner investors have to be accredited to be in the Syndication, or can non accredited investors participate? thanks!
Account Closed
New construction appraisal
Hi folks,I'm currently working on building new construction single family homes on infill and rural lots in my market. Several lots I'm interested in do not have "new build" comps, only pre-existing. I'm wondering how...
Manco Snead
Home + Rehab Loan Combination?
Greetings all,
I'm hoping I can get some feedback from those more experienced than myself. I am looking to buy a small house and ultimately have an ADU built on the property. However, if there already happens to be a...
Stephen Sokolow
BRRRR with Pre Existing Tenant in Place
I am looking at a deal that is off market and I found it through mailing. The owner owns a few rentals and is on the older side. The house is 2/1 864 sqft. The outside looks like it could use a paint job.It has a new ...
Adrianne G.
Buying a vacation rental with preexisting bookings
Can anyone provide their experience when buying a property that has been used for a vacation rental? I would like to keep the bookings after closing. The space with stay furnished as is.