Tony Wilson
Purchasing rental property using a line of credit
I am looking at buying a rental property, but I have no down payment. I was thinking of utilizing a line of credit of $25K-35K for down payment and closing cost (6.2% interest). I believe this is a great deal of a dup...
Jesus Farias
Airbnb Arbitrage is something I'm interested in
It's either starting off doing Airbnb arbitrage or wholesaling please advise which would be best for a beginner investor. I really like the Airbnb model and its true potential. I like the business model of not owning ...
James Krywin
Deciding if it will be a good investment to rent out or sell existing house
Hi All,I am in the process of moving and am at a cross-roads. I need to determine where I should sell or rent out my house. To do so, I am need to understand what is considered the "breakeven" and "target" % of rent v...
Jason Williamson
Self Directed IRA Custodian Company in the Chicago Area
Hello Fellow Investors,I am interested in utilizing a Self Directed IRA to invest in flip. An associate is purchasing the property in her name and I would simply like to invest in this single project. Will someone p...
Michael K.
Bi-Weekly Rent Payments
Hey everybody, I just had a crazy thought and I was wondering if anyone has tried it. That is, since most people get paid on a bi-weekly basis, has anyone ever tried offering rent payments being due on the sa...
Daniel Ricci
Renting a Room questions
Hi all! I'm in the process of purchasing a condo in Davie near the school I'll be going to (Nova Southeastern University). Its a 3BR/2.5BA townhouse. I'm looking for a roommate to help cover costs. I have a lead o...
Beary Bowles
Property Managment Issues and Billing
To all investors and property managers:I own a 12 unit apartment building in a working class, C area, blue collar neighborhood. Been managing the property and its tenants for 8months. So the back story is I inherite...
Nat C.
Recorded lien AFTER closing
I purchased a property in Miami Dade a few years back. A year after owning it, a new tenant moved in and when she tried to turn the water service on, she was told there was a lien for unpaid water. The water company w...
Amie D.
Converting a garage to an apartment.
I am considering picking up a small 3 bedroom, 2 bath home and renting it. I could probably pick it up for $50K w/a down payment of around $15K and it would rent for about $700-$750 a month as it is now.
The house i...
Tim Wright
SoCal Newbie Looking For REI Direction
Hi BP!,Im very excited to reach out for advise from the BP community! For the last year or so I’ve been working OT/side jobs and everything in between to build up $$$ to get in the REI game. I’ve submerged myself in B...