Tyrell Peters
Reducing Rent for Current Tenants Due to Market Slow Down
Hello,Does anyone have any experience for reducing rent when a lease is coming to an end? In our area the last 3 years rent has increased immensely, like a lot of areas. However there is a huge flood of new Apartments...
Eric McLaughlin
Cash out refi appraisal issues...
I want to preface this by saying I'm very new into real estate investing. I purchased my current home and started rehabbing and improving with my own credit and cash and the numbers listed below aren't ideal for a ty...
Justin Brin
Questions regarding the Appraisal Report?!
In the appraisal report I noticed that the appraiser does adjustment in the comparable price depending on the sale date. How is that number calculated? If the comparable property was sold 2 months ago then how much ex...
Mitchell Litam
Laminate flooring or carpet?
I am currently househacking and fixing up the third floor. I live in the top unit which is a 4 bed 2 bath. I completely rehabbed the bathroom on the third and it has some commercial carpet. Completely horid green carp...
Chris Jacobie
Additional Dwelling Unit (ADU) Build
Hi seasoned investors,I’m new to BP and only own the SFH that I live in. I’m considering adding an ADU as a way to House Hack and get started in building some passive income. The rent from an ADU definitely won’t cove...
Christopher Davis
How to analyze a duplex
A realtor has presented me with a duplex in the Nashville area. It's a pocket listing, apparently I have first look. I'm a newbie, this is my first investment. So I'm not rushing into anything.I see a total dump, each...
Spencer Wetmore
Refinancing FHA
I purchased a 4 family home in June 2016 using an FHA loan and a 3.5% down payment. The house was appraised using comp values rather than an income based approach due to the house being mostly vacant. I fixed up and r...
Randall Re II
DSCR loans and what to do
As a real estate investor seeking a Debt Service Coverage Ratio (DSCR) loan, you should reach out to multiple commercial lenders such as banks, credit unions, and alternative lenders. It's recommended to compare the r...
Chris Dickey
Calculating Return on Investment
Ok, so follow me here.......
Bought a townhouse as my primary residence with 10% down several years back. When we moved to a new house, we kept the townhouse and turned into a rental unit before we really knew anyth...
Joshua Nowell
How to comp a property
I read a post on accurate comping. The author showed me how to make relative ARV comps(comparables) closer to the property I’m analyzing. He’d take three of the closest comps then find where the comps differ and incre...