Danny Johnson
You know you are a real estate investor when you...
I could not find the post about 'you know you are a real estate investor when you...' so I am posting here.
here are some more I noticed today:
...if you have a thousand keys and you have no idea which house they be...
Brian Knox
Would you risk it?
Would you risk:
Living in SC while having 2 rental properties in MN (one of which was previously your residence)?
Vacancy being my main fear: PITI on 1st = $375, PITI on 2nd = $825
1st Rental cash flows nicely and s...
Stephanie Martinson
BRRR clarification question
Hello,I'm looking to do my first BRRR deal, but I'm not quite sure it's technically a BRRR. It's a gutted house- $100,000 and I would get a new construction loan, put $25,000 (of my Dad's money) down on the loan. R...
Brendan Connolly
Possible issue with tenant/Security Deposit
Hi. I have a question for some of you seasoned and thick skinned landlords. First and foremost, I hope everyone is staying healthy and able to make payments or find solutions with the corona virus amidst. Anyhow, Ive...
Steven Maduro
Lazy land lord Floor repair.
Ok finally I can do this post
I wanted to tackle it before but i ran into some issues with getting the floor together.
Ok so you have a floor that is relatively in good condition but there are a couple of boards th...
Eric Bateman
"Tell Debt Do Us Part, Or Maybe Longer"
This is my first post on the BP Forum and I am fairly certain before the ink drys most members already know the answer. But with over 20 years behind my belt in Real Estate Investing and Flipping the question is still...
Jordan Coates
Due Diligence: Things not disclosed
My wife and I have had an offer accepted on a small house that we're looking to turn into our first investment property. It's a 3BR/1.5B SFR. There are several issues with the house that are not huge deals (individu...
Vickiel Woodard
Master carpenter: Crown molding
Hello BP,
I'm wondering if there is a master carpenter out there who is able to tell me: what are the miter angles for an outside and inside corners for 5 1/4 inch crown. I normally just use the corner boxes to save t...
Stephen Dillard
Possible Subject To Deal
I know there is a lot of info on here regarding "subject to" investing. I found a great contract provided by Michael Quarles
http://yellowletters.com/assets/purchase_and_sales_agreement.docx
My questio...
Dallas H.
5/1 arm or fixed rate
With rates set to increase in which option should I get for my rental property loan? I plan to hold for at least 5 years-10years.
I can get 5/1 arm at 4.25% or a 30year fixed at 5%