Adrian Rae
My partner would rather pay top $$ for a flip than buy a fixer
His POV is that he’d rather have the cost of all the improvements built into the monthly mortgage payments than spend the time and credit card/debt to complete improvements on a fixer. We focus on STRs but ensure the ...
Rich Weese
Now I understand why flippers are having to work
I saw an article on Phoenix TV yesterday that explains the current market for discounted properties. I know the local Phoenix BP members have been working much harder to find "good " deals and much smaller margins.
2...
Robert Abasolo
Partner is buying house in their name, & I'm doing all the work.
Hello BP Fam!This is my post here and I hope you can help.I currently have 3 deals in the works with different partners. The deal: The partner fronts the 10% downpayment, puts the loan in their name and fronts the cas...
Calum Bressington
How to Raise the Rent on a good tenant
Hello,
I recently bought a property in Cleveland and inherited the tenant. The tenant is amazing and has been there for a long time, she says she has no plans on leaving. The property is rented at 850 a month with ...
Jay Hinrichs
national rent control
did anyone catch Prez Bidens comments on how he wants to pass a national rent control at 5% max rent raise ?? my worry is there will be other stips in that if it was to pass.. Or do you all think its just pandering to...
Don Konipol
My Take on Every Thread in the Wholesaling Forum
My Take on Every Thread in the Wholesaling Forum
1. Newbie with no Capital want to “begin real estate investing” by wholesaling
2. Current “wholesalers” offer encouragement, general advice, etc.
3. Real Estate Br...
JR C.
Hereos Act will hurt landlords in a bad way
Forgive me if this has been posted before. A search didn't find anything. As you probably know, the Democrats in the House passed the Hereos Act, A part of this bill calls for a Federal Ban on evictions of any residen...
Joey Copper
Why Self Managing Investment Properties is CRAZY
One funny thing about people is that while we are almost always well intentioned, we seem to do a lot of things that are just plain crazy. I, for example, still prefer to eat my oranges by dissecting each into their i...
Jeremy G.
Good deal or am I missing something?
looking into getting a dscr loan 80% ltv.$120k down paymentDebt service PITI will be $4600/mo Gross rents $11000/moratio of 2.39My credit is 750 Unless im missing something, i should be able to get a DSCR mortgage on...
Brian Tran
Submitting your picture with an offer
Hello,I've read that Brandon likes to submit a cover letter with a picture of his family with his offers for properties. I personally really like this idea and am thinking of trying this out myself. However, I look re...