I recently just purchased a duplex and plan to rent out one side for section 8/VA VASH program. One thing that enticed me was the potential for higher rents by honing in on the SAFMR and the zipcodes. However, after c...
I'm in the process of refinancing an out of state rental property. The lender has required a 'Prior to Docs ( “PTD” ) Condition':"Business Verification Needed - Broker to obtain a CPA letter to confirm the borrowers c...
Do you guys think doing BRRRR right now during the peak of the market is a bad idea? What if the market crashes before you are able to refinance (with all that cash tied up in a property)?
Hi BP,I have question regarding cashflow and if all investors REALLY require it from Day 1. Here's the background:I'm taking a course at UCLA taught by Jon Swire, the author of There's No Free Lunch in Real Estate, an...
Hello BP - I'm doing a 1031 exchange where I'm going to sell my under-performing properties in Chicago and Ogden to trade for a better cash flowing properties. These properties have appreciated, but are not cash flowi...
I am working on my market research of Philadelphia and have a few concerns about the job diversity and resiliency. I have found an article where an NYU marketing professor told Business Insider that some colleges and ...
We are considering renting to a couple who also have a friend they want to have live with them to help cover the rent. The couple together make exactly the 3x rent that we require. The third person makes enough to bri...
Hi everyone,I live in Orlando, FL and am currently looking for my first house-hacked, potentially BRRR, multi-family property. I am approved for an FHA loan (Keep that in mind since it often complicates things).This h...
Yesterday I walked away from a deal that I have been persuing for a month and spent about 1000 USD on. When the first disappointment had settled I felt grateful. Grateful that I had read all the books, listened to all...
Hi All - My wife and I would greatly appreciate some advice as I believe we're starting to suffer from some 'analysis paralysis' based on all of our reading, listening, etc. over the years about various/best strategie...