Hady Farag
Home purchase severely under appraised ... Advise?
Hello BP,
First time home buyer here and need some insight/advise on my current situation. I'm currently under contact on a MFH for $650,000 and had an appraisal come back at $475k, approximately $175k under that pri...
Rob Rey
Realtor gets snippy, thinks my offers are too low !
I have recently restarted to look for a property with a new realtor.
I asked the Realtor to put in two offers for me.
One was 80% of the asking price of an IndyMac owned house that was listed for 196,000
The other ...
Joe Pearson
No Reserve + Need Tenant to Afford Mortgage = Too much risk?
So, I'm planning on purchasing a duplex or triplex within Manchester, NH, but my fiancee and I can only afford an FHA Loan 3.5% down and 4.85% interest, 30 yr mortgage, and that will leave us with practically no reser...
Lam N.
Weird question, is this a bad idea?
I currently drive a beat-up old minivan with 240K miles on it. Yeah, I sacrificed myself to jump-start my rental business. I plan on buying the Tesla Cybertruck as my main vehicle. Recently, a thought came to me. ...
David Ginn
My Contractor is Killing All My Profits
One of the biggest things that you have in a flip project or even a buy and hold project is your contractors. A lot of times one of the things that people will say is, “I'll just go do the work myself,” well you got a...
Phillip Massey
Single family rentals
I am interested in hearing from people whose portfolio consists of single family rentals. I currently own 7 sfr. I’ve had great success acquiring them over the past three years. But it seems like this is the point whe...
Amir B.
We closed on this house on April 28th and it is still vacant.
Hello,We bought this house and closed on April 28th. We have been searching for a qualified tenant but have had no luck.I was wondering how long other investors have had vacancies in months. Is it normal to have a vac...
Josh Lyons
Does a landlord need a pickup truck?
My wife and I are planning to get a second vehicle. We've been able to get by with one to save more money. We're planning to buy our first rental property asap and plan to manage it ourselves, at least to start. I've...
Logan J.
Should I buy or cont. to rent? I plan on renting out extra rooms.
Morning everyone,I am looking to buy a home in May when my lease ends. I plan on buying a single family home with a minimum of 3 beds and 2 baths. I am currently renting a 2200 sq. ft. 3/2 house for $1500 a month. Aft...
Adam Britt
Need advice on possible investment in rough area
I would like some opinions about an upcoming possibility. I apologize for the wall of text but I want to provide accurate detail for best advice. I’m one of the millions struggling hard against a massive student debt ...