Account Closed
Miami florida five plex for sale need advice
Greetings and happy forth of July.My father passed away several months ago leaving my sister and I a property in the flagami area. We are remaindermen so the property is already in our names.This property has been in...
Justin Dragon
Negotiating Rents -Do I keep a good tenant at lower market rate?
Hi all,Hoping to get some advice/insight on my situation. Purchased my first property last November (Triplex in the Hampton Roads, VA area) and one of my inherited tenants is about to complete her lease. She’s paying ...
Jack Rozema
Cash Out Refinance Scenario
I want to see if anyone has an opinion on what I should do. Quick background:Bought our house May 2020 for $185k, 6 bed 2 bath, near Kansas State. Put about $12-15k into it. Remodeled kitchen, both bathrooms, painted ...
Patryk Prokopiuk
Seller refusing to negotiate reasonable terms
I am buying a duplex, the seller (or should i say their agent that they communicate through) has been very aggressive, requesting “best and highest” offers from everyone at first. I won’t go into details but we are in...
Julia Rockwell
Starting my 1st house hack this year! Am I overlooking anything?
Hi BP!I am new and have a few questions. Bear with me here and apologies in advance for this suuuuper long post!I would love feedback, advice and constructive criticism!So, I've been trying to analyze homes for my fir...
Bienes Raices
College students -- source of income
A college student called who wanted to see the place. I asked him if one of his parents was going to be the cosignor and he said no. I told him that I needed gross income to be at least 3X the monthly rent and he said...
Rick Turman
BRRRR with 75%LTV or 75-80ARV?
Guys,Looking for some guidance here. More or less closure in this instance. I am shopping around for Refi options in Ohio and am going back to my original Lender for help. Here are their comments:"If you pay cash f...
Ryan Rogers
Heloc or Cash for 2nd Property on SFH/Duplex. Refinance?
Hello BP,I am just looking for some advice on my 2nd investment property. I have some potential equity in my primary residence and have some cash on hand as well. Currently house hacking my current home with two roomm...
Michael L.
Looking to be Extra creative
If I purchase a deal with owner financing an then do a refi to acquire the financing to rehab the property, other than closing fees + loan fees, what other costs would be associated with the refi? Thanks BP Fam!
Nathan McBride
Poll: Do you accept partial payments?
I own a property management company in Baton Rouge, LA. We are in the process of transitioning over to AppFolio, and in the process we have decided to no longer accept partial rent payments and are instead requiring a...