Jonathan Roveto
Our HOA president is kind of... not suited for the job
Wow, I didn't know we had this forum! Anyhow, it would be great to get some advice from people. I joined our HOA's board this year. We have 3 people who have been on the board for years, 2 for one year, and me and ano...
Russ Wahl
Refi issues! BRRR complete and now a bank surprise!
Has anyone ever run into this issue and how do we navigate it? We bought our first BRRRR deal as a bank foreclosure. Took weeks to clean it up and months to rehab. We fixed it up and put tenants in it and got an appra...
Jason Monroe
Cash for keys tenant buy outs in Oakland California
I did my first tenant buy out today. Here is what I have learned.There are Lots of other explanations about why the bay area rent control is weird. If someone has enjoyed quite and respectful use of the unit who is in...
Andrew Teng
Why BRRRR is not working for me?
Hi guys,Please let me know on why I am unable to utilize BRRRR strategy in my situation. I bought "property A" back in 2013, lived there for 2 years, and last year I bought "property B" and currently living in B. I r...
Jeff S.
What Topics on BP Get Everyone Riled Up?
Wow. I just read a thread where one of the responses all but called several others out in disagreement over what I thought was a stupendously mundane issue.
There seem to be a number of topics that historically rai...
Steven E.
Downpayment Financing: Unsecured Line of Credit & 401k Loan
Hello,
I am looking to buy my first property and employ a buy-and-hold strategy whereby I'll rent a single-family home to tenants (cash flow positive). I am looking at homes in the $70k-$90k range in Raleigh...
Carlos Rodrigues
First property on FHA loan, how to purchase second property
Good afternoon BP users! Let me indeed ice myself once again. I'm new to BP and the real estate business, and I'm currently sitting at a Barnes and Noble reading and learning the business to better myself. I'm also ta...
Wave Taylor
Setting up an LLC for Multi family properties
Is it a good idea to hold my properties in an LLC? Should I set up a seperate one for each property that I purchase?
Trisha S.
Unhealthy Living Environment? lease abandoned
Tenant Communication
09/05/2014
Debra called Trisha
Debra stated that there is mold on the inside of the toilet bowl and
sink bowl by the drain. As well as, a small amount o...
Luke Miller
How to buy rentals quickly as DTI is increasing
I know everyone has their strategy, but I am trying to decide how best to proceed.
1.) Local market: rentals provide 17-21% annual returns for single family detached priced between 40k-70k. The market is great for b...