Jennifer Streamer
When to return security desposit if lease not ended?
This is a follow up to an earlier question I asked. I had a previously excellent tenant break their lease. We agreed she would continue to pay rent until a new tenant is found. She is not low income. We're adverti...
Timothy B. Dunn
How to cover rising interest rates on adjustable mortgages
We are searching lenders for our first property and are having to finance using our llc in order to protect my pension limits on earnings. My question is how do you account for future interest rate hikes down the ro...
Alex Silang
How scary are balloon payments / short term debt?
Right now I'm in residential 100% because of the availability of 30 year debt. Balloon payments terrify me, am I overreacting?Not being able to refinance is one of the ways you could lose everything. I can't imagine h...
Antonio Bodley
Does my home value count just as much?
If I was a cash buyer, would my home estimate of the house I want to buy matter just as much as another cash buyer looking at that same house? Let's say I see a house I want to buy and resell to another cash buyer. I...
Nicholas Misch
Fixed Rate or ARM For Rental Property Mortgages.
Hello BP family.
I have always used 15-30 year fixed rates, but I have been reading about ARM's as a possibly better option depending on how long you intend to have the financing or the property. Any advice on Fixed...
Aaron Hall
Interest rates - how do they effect you/your market
I am looking at my goals for 2015. What I am looking to do is to take a look into my crystal ball and see what the future hold and how this will effect my strategies.I am understand that the interstate rates are the ...
Zack Rosenbaum
First Rental property (Need to move tenant out)
I’ve got a dilemma and could use some suggestions. I am closing on a 4 unit at the end of August which is fully occupied on MTM leases. However with my financing I have to live in one of the units (house hack), so I w...
Michael H.
Cash or stock? Ones devaluing, the others inflated.
Hey BP family,I Live in Houston, have cash and multiple real estate investments. Im sitting on a 70/30 split of cash and stock. Its bothering me that the value lf cash is declining, while stocks are going up based on ...
Brady Ascheman
Automated Pricing/ Price Labs
Hi everyone, I recently bought a lake place for the sole purpose of doing short term rental. This first summer has done pretty well but I wanted to make sure I am not leaving any money on the table due to what I set m...
Nat C.
Rent from tenants for property which sold
I closed on a property at the end of April and the tenants had not paid rent for the month.The property has now changed ownership and the PM shrugged his shoulders and said 'nothing we can do'.It's $1500, so quite a l...