Account Closed
FHA loan & safety issues in west Humboldt park
I’m about to close on a multi family in west Humboldt park. 2 units with an unfinished basement (plan is to turn the basement into a unit)I’m on an FHA loan so I must live in one of the units for 1 year. But the thing...
Jiseok Kim
what could be potential risk factors / complications by accepting old (> 80) tenant
This is my first rental property and I am in search of the first ever tenant.
Currently I have one application from an old citizen who wants to move in from an assisted living facility.
The property is not prepped f...
Russell Harris
New guy from New Orleans, LA
Hello BP Community! I’m Russell Harris. I am a 28 year old husband, father, and formerly unbeknownst real estate investor. In 2013 my wife and I were fresh out of college, and I mean the ink was still drying on our di...
Joel Ferguson
New Member from Dayton, Ohio
Hello,My name is Joel. I joined BP several weeks ago on the advice of a realtor, figured I should introduce myself instead of simply listening to the podcasts.I've been a real estate investor in a limited capacity for...
Nick Bleser
Market risks on buy and hold properties
People are talking about the real estate market changing. We know it cycles but how does that effect the buy and hold investors? If the market is going to turn soon how can the market effect properties I've already bo...
J Reid
Avoiding City Wage Tax- High Income w/Duplex
Hey All,
I currently live in Delaware where I pay a modest amount of taxes. I own the property here and will be renting it out during the coming months.
The house in buying is a duplex in the Philadelphia, and I wa...
Scott Meyers
Private Septic & Private Well
Should I try to avoid private septic and private well on a fix n flip? It scares me a little but I'm not exactly sure why. Should it? Any suggestions on due diligence?
Alex Ewing
My Murray Circuit breaker tripped twice today
The LED indicates it is ARC fault. This circuit is for Stove and Microwave. Kind of overload as well. Any idea on quick fix?
Account Closed
Can Rental Deposit be Turned Into a Profit Center?
I recently purchased my second property in a condominium complex located in a St. Louis suburb. I am looking for some feedback on whether to require a damage deposit or charge a non-refundable move in fee. 1. Damage D...
Jeremy Fields
Collecting security deposit remotely
I have found lately that the number of applicants to my units has dropped significantly. For this reason, once I have someone approved, I want to send the lease for signature with a short time limit, so I can quickly ...