Frank Rodz
High income earner with rental properties, pay off mortgage(s)?
My AGI is over 400K and am ~10 yrs from retirementBought a home 2 yrs ago, which is currently with 400k loan at 3.75% for 30 yrs and second loan as a line of credit with 122k at 6.24Have two rentals bought about 9 an...
Michael Ellers
My Georgia Tenant's Unauthorized Roomate Won't Leave!
As a landlord, I have a written lease with one tenant in Henry County, Georgia. The lease includes verbiage which prohibits anyone other than the signed tenant from occupying the property. My tenant then brought in a...
Jodi-Ann Birch
Subject To assistance needed
Good day,
I am relatively new to REI and I have a potential subject to deal I am looking at in Cleveland Suburbs and could use some help. The loan payoff is $47,000.00 with 14k past due. The rental potential and are...
Kenneth Woodruff
STR ban in Woodfin NC
Hi all, I have a friend and fellow investor in NC who has a STR in Woodfin, NC (North of Asheville), he called me today and said there was a town hall meeting last night and the town is going to ban all STR's in Woodf...
Andriy Boychuk
Mobile Home Park Appraisal vs Industry Formula
The industry standard formula to evaluate a park is# of lots x caps x 12 months x expense factor x lot rent ($)I understand it is basic and we should consider the market and etc. I do my offers based on the formula. H...
Aleko Petkov
Does an older house need to be rewired?
I am rehabbing one apartment in a 1937 triplex in Los Angeles I just bought. Looks like the electricial wiring is original two cloth-insulated wires, although the kitchen and bathroom have three-prong GFI outlets. The...
Taylor Nielsen
Oral Surgery Office Development Deal Structure Question
Hello All,This is my first post on BP. I listen to the podcast and love it. I am getting into my first deal this coming summer. My father is a partner in a large oral surgery practice. They are looking at opening a 4t...
Abraham Lowy
dose the 70 percent role still exists ?
my story begins for about 7 mounts ago when i had 200 k to invest . i was looking for a fix and flip deal so i asked my broker for that, and he brought a deal, claiming that that's should be a...
Paul Volk
Controversial Strategy for Finding a Deal
Hello everyone. This may be a controversial strategy because it could potentially but real estate agents in an ethically questionable situation. In an attempt to get a good deal, has anyone ever thrown in low ball off...
David Dunne
Investor Non-Circumvention Agreement before P&S Agreement
Hi all. Would it be considered acceptable or ridiculous to ask an accredited and very active RE investor who is interested in a deal you are looking at (whom you hope to develop a positive relationship with and or/ pa...