Travis Fisher
Life savings to pay off Only Rental house?
Sanity Check.Take $115,000 of $125,000 life savings to pay off a my only rental property in Abilene, TX. Immediately take out a commercial line of credit (I'm pre approved) at 75%, which will be $150,000. Rents $1495...
Scott Hawley
The Journey of a Part-Time Real Estate Investor #3
THE JOURNEY OF A PART-TIME REAL ESTATE INVESTOR
I’m a day late but I left Thursday afternoon with my 8 year old daughter to visit friends in Seattle. We returned very late Sunday; 1 AM Monday actually. We had a great...
Elon Matias
Renting my first property. Property Management or No?
I am buying a new property and plan to rent the first one. Wondering if I should utilize a property management company or rent myself. Pros and cons of each one. Thanks in advance for any feedback.
Bud Gaffney
15 year fixed or 30 year fixed?
Hi all,I am a real estate investor starting out! I currently have a condo in New Bedford, MA with 1 year left on the mortgage, a 4 family in Taunton, MA with 14 years left on the mortgage, a single family in Westport,...
Account Closed
25 year old saving for first property - advice appreciated
I work 50-60 hours a week as a construction manager for a large company in NYC, but I want to run my own business doing flips and BRRR in northern or central NJ. What is your advice for shrinking my expenses and rais...
Wesley W.
Floor plan advice needed on rental unit renovation
Hello all,I once again call upon the collective input of the BP community for my latest project.I plan on completely renovating the downstairs unit in a duplex we own. In my opinion the floor plan is terrible and the...
Ben Miller
Inheriting a house, what should I do with the cash from the sale?
Hello all, First, a little about me. I am 33 years old, married with a son who will turn 2 in two weeks and live outside of Dayton, OH. I have a Business Management degree and am currently working toward my MBA in He...
Edgar Perez
Quadplex Winter guidelines for tenants?
Hi there,
I am in Wisconsin and have a Quad where I'd like to set some guidelines specific to winter for the tenants.
Some details:
2Upper/2lower, (2)studios/(2)1bed
each lower has control of thermostat for both...
Jon A.
Water Damage - Is this considered tenant responsibility?
Hello everyone, I'm looking to get some advice on this situation with a tenant in my property.
I own a condo unit and this tenant has been living there for a few months now. Soon after they moved in, they asked me i...
Kaohuhealani Trueman Jr
New Build Construction Loan Cancelled before Construction Started
Hello all,Looking for any advice and insight on steps to take to recoup funds used to close on a construction loan that would eventually be cancelled prior to the construction even starting or the maturity date.Backgr...