Jack Bobeck
Realtor Exclusivity - Are you kidding me?
So I had a local agent, a young one that has not seen a downturn in the market, reach out to me and ask me what I was looking for in a house. I have been approved by my mortgage person for up to a certain amount, and ...
Ellie Narie
How much do you pay for cleaning service for your airbnb rental?
I'm thinking of building a duplex, living in one unit, and having the other unit be an airbnb rental. I live in a small town that is close to outdoor activities, so it could be a good idea to do airbnb. I'm thinking o...
Austin Sisk
What would you do with $200k?
If you were to wake up tomorrow with $200k, what would you do with it to generate income and set yourself up for the future?
Shari Posey
What if seller won't leave after close of escrow? (CA)
Would one have to evict a seller who won't leave on the day it closes escrow (as the contract states) or is there a simpler legal method? This is question pertains to sellers in a short sale transaction who have no mo...
Brenna Sullivan
Property Manager is threatening illegal actions over lease break
Help please! My mom is renting a home in Madison County, AL. She is in a one-year lease. However, the option to purchase a home was made unexpectedly available to her, and she jumped on it. So now we're dealing with a...
Rodney Kuhl
Indianapolis - How can I change the title from my name to my LLC when the loan is in my name?
I invest in Indianapolis, and I am closing on 2 more rentals in the next couple of weeks. I have been working with a great lender and I have been able to lock in low 30-year rates, which is definitely a great thing as...
Kevin Whisler
Quadplex seems to be cashflowing 1k a month. What am i missing???
Turnkey 4 Unit Property I found: Occupied and makes $3900 a month confirmed currently.Principal and Interest: $1154Property Tax: $480Home Insurance: $125Vacancy- 7.5%: $312Repairs- 7.5%: $312CapEx- 7.5%: $312Prop. M...
Amanda H.
“Bad” neighborhoods - buy rentals or not?
I’m looking at a great deal in a not great neighborhood. Not great as in lower income, higher crime, and from what I can tell driving through, mostly African American neighborhood. Should I avoid this area all togethe...
Maureen Hannan
I want to sell a private mortgage note
Hello All,
I would really welcome advice from anyone experienced in mortgage brokering. I hold the note on a home in Arlington, VA. The amount of the note is $420K, and the home is currently valued at roughly $450K....
Karen M.
What are some options for funding a rehab project?
Dear BP friends --I am thinking of buying a property for cash. However, I am concerned about using up all of my non-retirment money on a property deal. It's just scary. We obviously need to have an emergency fund f...