Hi BP - We're debating selling our primary home or renting it as we're moving to a new primary. We currently owe $222,000 on the property, our monthly PITI is $1,282 (a 2.375% interest rate) It would rent for $2,000/m...
Hello all. I obtained a 3 unit building in Brooklyn and the carpet on the common stairwell stairs have worn through. It lasted about 10 years. I wanted to see if any of you have some good alternatives to re-carpeting...
As we round out the year, what are some of the things you all are doing to best position yourself in the short term rental space in 2023 and beyond. I have a few questions below, feel free to answer just one, or all o...
Hello, I am based in the metropolitan DC area and looking to invest out of state as this market is very expensive and it's hard to find a good deal. Does anyone have any experience investing in the Midwestern states? ...
I'm trying to have to avoid paying a locksmith every time a tenant moves to re-key the locks. Which locks do you guys use that you can re-key easily yourself? Thanks!!
A couple of years ago I began work as CTO for a smallish mortgage company here in Northern CA. The company began to go sideways a year in, and I was in a position where a decent chunk of the staff was willing to foll...
Alright trusted and respected BP family... I apologize in advance for the length of this. I just realized exactly how long it is. Much appreciation for anyone who actually reads this mini-novel and has advice to of...
Hi All,I have my first investment property (live in 203k) officially under contract and out of attorney review and found the structural items below in inspection (See attached pictures directly from report):Unit 1 (~7...
Owner financing is like a secret weapon for folks looking to sell their properties after hanging onto them for ages. Instead of selling your place outright and getting hit with a massive tax bill all at once, you play...
I'm looking to buy my first rental property. My target is to find 3/2 (or bigger) homes in B-/B+ neighborhoods. I think I can find some in the $35-$45k range and Craigslist indicates that rent would be in the $700-$90...