Michael Kay
Birmingham / Irondale Analysis
Hi!I think I found a good REI deal in Irondale, AL (outside Bham)I'm estimating a $130,000 purchase price, $1300 monthly rent. Here are my costs
Maintenance reserve, 5%......$65Vacancy 5% ...............................
Michael Dunn
HELOC ....and how to " Roll " into loan, or better yet, How to...
Pay the HELOC off in it's entirety , via doing a Cash-Out refinance I currently Have a $20,000 HELOC on my Primary ( opened it , as of March of this Year ) I have $13,000 left , and am planning to use the remaining $...
Randal Remon
Can't find a great multi-family or SF Home to save my life
Hi everyone. I went from being in a slump, to actually getting up, and taking action recently. For the last 2 weeks, I have either been checking out properties, reading, or listening to audiobooks, trying to give it m...
Alex Boyce
Which STR Strategy Would You Choose? Orlando/Kissimmee
Hey BP,I'm in the market to purchase my first Short Term Rental. I live in Orlando and want to invest locally. I have $75K to invest and pre-approved for $325K purchase. I've done quite a bit of research but realizing...
Benson L.
how responsible is tenant for unapproved paint?
I had a tenant stay for 6 years. They were great, but when they moved out, I noticed that they had tried to fix blemishes on the walls by painting it themselves. It was well-intentioned, but this does not work (see pi...
Brian Marcy
Small Apartments and Master Leases
I have been house hacking in a duplex for about a year and I'm trying to work on my next deal. I am drawn to small apartment buildings because they seem to have good cash flow potential, multiple tenants under one ro...
Anthony Harris
Wholesaler Qualities looked for by flippers or Landlords
Hi All,Got a question for all my buy and hold and fix and flip community members: What type of things do you look for when dealing with wholesalers? Is it just about the numbers making sense to you? Or are there other...
Shawn Dandridge
Baltimore Tax Liens
So I just got the Baltimore OTC tax lien list. Most of the building are boarded up and not worth the hassle. I found a few gems in the rough but I will be doing a drive by on the few I find promising. In the day ti...
James Gaffney
New here, looking for some advice on a potential deal.
Hey guys, super new here, I’m actually about to purchase my first home. I haven’t decided if I’d like to use it as a rental or not yet. A house was left to me, a bank technically owns it because it was reverse mortag...
Jayme B.
Need help figuring out buying power
Hi all - I just went through a lengthy process with a lender to figure out how much they would lend on an investment property based on my income and other factors. They gave me a qualifying income range but I'm not su...