John Maxx
Cash out refinance or stay on HELOC?
Cash out refinance now or stay in HELOC?Hi all, I'm kind of at a crossroad on how to proceed? So, finally got my 1st property a few months ago. Used a HELOC and paid all cash, $150k. Fixed up the house and have put i...
Tia Wilson
Buy a home for myself or investment property first?
Hey BP! I don't have "mentors" just yet so I thought I would ask the BP community.
I'm a newbie REI and just moved to Houston. Houston market is hot but expensive for me just starting out. I decided to invest in Kans...
Vlad Selsky
clarification on 45-day replacement property
Next year my parents plan to sell two of their rental condos and exchange for a single family home that they will rent out to me. I have a question on the 45-day replacement properties. Are my parents obligated to onl...
Kimberly Weatherford
Virginia Rent Relief delays
Have any Virginia landlords received payment from the Rent Relief program since the switch to gov2go in December? We have two tenants whose applications were marked complete Feb 1st and Feb 28th respectively, and each...
Matt Amundson
Real Estate Investor Thoughts
Thought I was a newbie to real estate until reading this book and saw that live in flip was a niche of real estate investing! Now after reading about the chapter talking on live in flips, I had the realization that I ...
D'vorah Nadel
Under-contract on 100% occupied Self storage, bank wont finance
I have been looking to add self storage to our rental portfolio for a while. I was able to go under contract on a 1 acre (plenty of room to add more) 25 unit mom and pop self storage facility. They are severely under ...
Chris Dengel
Podcast 86. If you move, you don't have to get another loan.
In show 86, Corey mentioned that if you move out of your house, you don't have to get another loan. I was hoping someone could elaborate on this. Is this a loophole?
Aditya Hejib
Lease Renewal and Difference in security deposit
Hi,I have a question specific to Massachusetts law. I just renewed lease for my tenants and with increased rent, I asked them for difference in security deposit. Per Massachusetts law landlords are allowed to take 1 m...
JOAN DICKIE
Promissory Note
A buyer wants to offer the seller a promissory note. They want to use their cash on repairs, then refi later. Does a promissory note fall under Dodd - Frank? This will be o/o.
Roy Logan
3rd year Real Estate Investor / Landlord
Understanding the power behind real estate investing has changed my life / career dreams.Sold a 2yr old new construction home in Westmont IL... And saw an opportunity in the Grand Rapids MI market.Property 1 - BRRR 10...