Phil Char
HELOC or not to HELOC?
Hello BP community,
Newb RE “investor” here looking for some advice. I stumbled upon BP years ago but only now have decided to move forward with getting in to Real Estate.
I currently live in the house I grew up...
Susie C.
Online Cost Seg Companies for Residential
Anyone use online resources for cost seg? Cost is ~ $400-600 vs $1500-2000. I own a condo and SFR I want to cost seg. Companies I've found and the cost they would charge for 1 property under 500k
KBKG - $450 - (audit...
David Nelsen
Splitting utilities in a duplex
We are about to close on a duplex that has separate electric but only one furnace, AC and hot water heater. Anyone have ideas on how to best split the utilities or bill back to the renters?
Currently there is only on...
Min Zhang
How to start investing in Real Estate?
Starting to invest in real estate is an excellent way to build wealth and generate passive income. Here are the key steps to get you started in real estate investment:
Educate Yourself: Begin by learning about the re...
Stephen Hundley
Past eviction records
what service do you use to find past evictions on tenants? Want to protect myself in case they lie on application. In Louisiana, thanks
Brian Gibbons
CFPB and Credit Repair - Beware!
Below is today's CFPBs Bulletin on Credit Repair Companies (Fraud)I have assisted Tenant Buyers get mortgages with damaged credit and high DTI since 1986.If you are recommending some credit repair companies to tenant ...
Jodi Taylor
Househack Triplex in Belmon-Cragin, Chicago, IL
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Chicago.
Purchase price: $230,000
Cash invested: $31,538
3 unit building. Bought with 100% occupancy with 2/3 reliable ten...
Roberta Marcos Marcos
Refinance without Spouse
My husband and I are in the process of closing on our first investment property (but it is only under my name). We want to refinance our primary residence at the same time (under both our names). However the lender ha...
Bryan Larsen
Seller financing deal analysis help
Selling price: $85,000 (includes furniture, appliances, beds and bedding, dishes, yard equipment, etc)10% down payment: $8,500 House is turnkey and sale price is average for area. Balance: $76,5006.5% interest, includ...
Adriana Medina
Questionable Prospective Tenant
I told the prospective tenant I was going to complete a background check and she said it should be clean. Background check came back with 15 collections (including from apartment complexes.) When I told the prospecti...