Jason Merchey
Recourse Loans
I am getting some pushback on the idea of recourse vs. non recourse loans from a banker I'm just about to go with. My accountant told me not to take out a recourse loan, one that allows for deficiency judgments (th...
Account Closed
Am I The Tenant From Hell? (With Apologies For the Length)
Background: I have one rental property and recently sold another. For both, I outsourced the management, as they were in TX and we now live in AZ. Up until recently, we were renting in AZ, but just bought a place. So...
Account Closed
Section 8 tenant is breaking lease and housing is helping her
I am hoping someone will have some experience with HAP contracts and Section 8. I have a tenant who is currently in a lease with me for 3 more months. She advised me that she is leaving at the end of this month and Ho...
Joshua Dorkin
It is not the agent's responsibility to know what repairs are needed! Really?
I saw a post on Twitter that I had to respond to . . . of course, the response and initial post are priceless, IMO.
First Tweet:
If a home is listed for $25k, assume it's a fixer-upper. No need to email me and ask fo...
Ty Moffett
lease options / addendum / realtors!
I recently purchased a course on lease options that came with a number of legal documents including a purchase contract, lease agreement, and an option agreement.
I'm happy with the course but I'm...
Blake Bailey
Thoughts on Section 8?
My wife and I purchased a SFR rental for $200k. We put 20% down, only had some minor repairs before listing. PITI will be $1247/mo and will rent for $1700/mo. (I realize this is more down than most recommend, we just ...
Jason Yamnitz
Sell my townhome for "brrrr" cash OR make it my first rental???
Hello friends! I'm just getting started in my real estate investing career and I'm at a fork in the road. I own a townhome and I'm trying to decide if I should make it a rental or sell it. I've been reading these foru...
Ashley Marrazzo
Purchasing a rental property, bank won’t grant loan due to income
Hey everyone! My name is Ashley and I am a first time home buyer. I am looking to purchase a duplex or triplex. But they told me no! I refuse to hear that as an answer! I was Approved for an 800k loan at 3.5%. I have ...
Richard S.
New Jersey Rent-to-Own / Lease Options
Hey everyone,I'm intrigued at the idea of offering prospective tenants/buyers my single-family homes with a lease-option or rent-to-own scenario. I don't know a lot about Dodd-Frank yet, except that it definitely appl...
Connor Ryan
Newbie here needing advice!
Hello BP community! I am an aspiring real estate investor currently living in Denver, CO and working in finance. In a few months I will be relocating to San Diego with my girlfriend. We aren’t at the point in our rela...