Just getting started in REI and ultimately looking to utilize the brrrr method to acquire and rent properties.However, I have a property down the street that I have had my eye on for a while. It’s vacant and distresse...
Hello BP - I'm doing a 1031 exchange where I'm going to sell my under-performing properties in Chicago and Ogden to trade for a better cash flowing properties. These properties have appreciated, but are not cash flowi...
Hi all, My mom's land lord died and his kids are opting to sell the home. I was thinking about buying the home but not sure on the best strategy. 1. I was thinking about using a dscr loan but need %20 down. I have abo...
Hello everyone! I'm a young engineer looking to start investing in real estate. My worry is that a roommate dispute may hurt my chances of borrowing money from banks. I signed a lease with roommates but never lived in...
I am in the process of buying a new home. In order to raise the down payment I am selling the home that I co-own with my brother. He is currently incarcerated, and there is a trust (which actually owns his half). The ...
Hello everyone, rookie investor here. My plan is to use a first time home buyers program, FHA loan 3.5% down on a duplex or triplex from about a year from now and house hack the rest of the rooms. My question is if I ...
Good morning,
I’m going to see a house tonight that had a pipe burst. I was told there was damage to the flooring, sheet rock and walls.
I wanted to bring a repairman with me just to give me a general quote, I’ve n...
I just noticed there is a duplex going up for foreclosure auction in a few weeks. This property is in a neighborhood that I am very familiar with. I know the market rents and I know exactly what this property will sel...
Hi BP,Happy Friday! Curious as to how landlords are handling tenants with criminal records in the past (5 years or longer). I just had a well "financially qualified" tenant apply for one of my SINGLE FAMILY houses. ...
Hi All,Newbie here... I have an application with eviction in 5 years ago. Still working on credit recovery. Family income is met OK. Good rental references. No criminal records. It is in class B rent market. Sha...