Abad Marroquin
How would you structure this deal?
Hello BP community. I need a little help structuring a deal with an investor. I found a deal. It's a multifamily property that has potential to increase rent of $150/unit with minimal improvement. 13 Units. I am buyin...
David Rodriguez
House-Hacking FHA-Preapproval Calculator
Very new to real estate and want to create actionable steps towards getting my first home. My goal is to house hack.I want to figure out how much I can qualify for with an FHA pre-approval calculator. The calculators ...
Account Closed
What are your thoughts on buying a property built in the 1940s as a newbie investor?
Hello BP Community! I am considering acquiring a 3/2 SFH in the Midwest to BRRRR and hold long term. The only issue is that it was built in the 1940s. I am interested in hearing your experience/opinion with homes this...
Stepan Hedz
Scaling a Distressed Property Portfolio: Strategies for High-Volume Investors
Many investors start their journey by diving into individual distressed property deals, but if you want to grow into a high-volume operation, it’s essential to change your mindset, strategy, and execution. Successfull...
Alex Silang
From a finance perspective, how does investing in a high rate environment work?
So my area has sub 6% cap rates. If I'm borrowing at 7.5%, is that value destruction (unless appreciation is really good)?Each deal is different of course. But unless you get a value-add property, purchasing real esta...
Danielle Netko
Requesting feedback on a text to a tenant to raise rent
I own a condo out of state and in the past my dad handled most of the communication with the two tenants I have had. The current tenant I've actually never spoken to. He is the perfect tenant, he takes care of the pla...
Samuel Lacroix
Do you grant first come priority for applicants?
I have a unit for rent and two days ago I showed It to a young man who will probably meet my minimal standards (screening process is in process). I also got a visit yesterday, an older man who is looking for an apartm...
Sam Leon
Recent purchase inherited a overly simplified lease
My recent purchase of a triplex came with three tenants, and they all have leases expiring in May, August and October 2015. The lease is a one page lease mostly focused on how much rent and little other details.Now o...
JonPaul Kessinger
Maximizing Appraisal Value vs Only Increasing Perceived Value
As a new investor undertaking my first BRRRR project, I'm seeking advice on raising the appraisal value of a property without overspending on improvements that only enhance perceived value. I've encountered conflictin...
Llewelyn A.
What happens to House Prices if Mortgage Interest deduction ends?
Unfortunately, it seems that this Government wants to take away any kind of Debt Financing of either Business or Home.It's pretty much in the Republican Tax Reform policy that they are pushing ahead. What's even more ...