Art T.
Debt to income ratio with investment property?
I understand that debt to income ratio is very important with the first property you buy, mine is comfortable 30 %. However, if looking to go into a 4-unit property as a second property, in my case it would raise my d...
Hemanth Grandhige
Optimizing Cash-Out Refi and New Purchases
I have 5 rentals in the Atlanta and Tampa area. In total they are worth around 1.2M and I have debt on them around 260K. I have talked to a Loan Broker about doing a cash-out refi. We first talked about a portfolio ...
Stephen Homes
Tenant candidate with eviction record wants to pay 1 year rent
I have a tenant candidate who has evictionS on his record. Currently he doesn't work and gets unemployment, is a student and his fiance who is the only one working. Two kids. He showed proof that he can pay 1 year.Wha...
Paul Passafiume
Tax preparation costs for business+ individual
Ok, so I got my tax prep bill and I think its way high. For discolsure, my accountant had to file 5 forms:1040 US tax ind return1040-ES Estimated TaxKentucky Ind taxKentucky Est taxKentucky Single member LLC tax retur...
Stacey Olson
It took me approximately _______________ (# months, years) to acquire on my first investment property
I've been curious. I'd like to get an idea of how long, on average, it takes BP users to acquire first investment properties from the time they get serious about making it happen. Yes, the time frame is different for ...
Curtis N.
16 Unit Multi-Family Deal Analysis - 1st investment
Hi everyone - I have been looking for my first investment for some time now. I finally found something that looks good (to me) but wanted to get others' thoughts.
It's a 16-unit apartment building located in a prett...
Patrick Ng
Help with Squatters!
We had recently been rehabbed and put on the market a single family home. When a scheduled showing was taking place, we found people had moved in and claimed they have a lease that was signed with an individual who ha...
Vinh Nguyen
Should tenant pay first before we send the signed lease?
Hi all!I am new to this landlord thing. I am requesting the tenant to pay the first month rent, last month rent, and the security deposit. My question is do I request the tenant to pay the fees first before I send her...
Akshay Johar
Cleveland, OH market?
How is the market in Cleveland - is it tapped? or still good for Multi Family investors?I am an out of state investor (invested in around 15+ doors across Seattle, Phoenix, and Lexington) - and looking to get into Ohi...
Tim B.
First Duplex Analysis - Am I missing anything?!
Good evening. I've been a lurker on this site for about a year or so. I'm finally in a position where I feel that I can successfully purchase my first property. My plans is to buy and hold rental properties. That bein...