Amy Shari
Tenant wants to break lease prior to move in
So about two weeks ago I receive a phone call regarding my property from a prospective tenant who is very eager to see it. I tell him that the house is not ready to show and will be ready by the end of the week.
When...
William Ephraim
How to handle a bad investment
I'm looking for advice or at least encouragement. Here is the deal.Back in March 2008, I was very eager to purchase a home. I went ahead with a deal to buy a house at a premium price with the intention that later on d...
Adrien C.
How can I help this seller- if even possible?
A very motivated seller reached out to me. He has a rental property which was primary residence but has rented out since was upside down. Current comps put him in the 95-100% LTV (bummer since owned house 10yrs). I ha...
Yulia Kaygorodtseva
Renting out to Military Recruiter
Hello, I have a possible tenant who is interested in my rental house, he is being relocated to this area , and he is a military recruiter. would you rent a house to the military personal? I know if they are being move...
Mariah Destruel
First Time Home Buyer for Future Rental
Hey there!
I am wanting to take advantage of the first time home buyer programs offered with a low down payment. I plan to live there for a year and then start renting out the place. I'm trying to stay completely une...
Christopher Bintz
Stuck in rental lease looking to house hack first property.
My brother and I are currently in a rental lease paying $1500 in Portland, Oregon and we are looking to get away from being renters and get into the game of house hacking. between the two of us we have about $60,000 a...
Jeremy Taggart
Closing cost credit or lower interest rate
Hi BP,So I am planning on house hacking a triplex for my first buy and hold investment property. I am using an FHA loan and the mortgage amount is going to end up somewhere around 120k. My lender is giving me the choi...
Mason Yost
Need help with a property buying issue I have
Hey everyone, I have been planning on buying a property with my fha loan and house hack it for awhile. My plan has been to buy the property in the spring and move in by April. I keep up with my local market and evalua...
Sanjeev Ayyar
Advice on a single family buy and hold
I’m looking at a single family house for $210k. Rent is $1500 (we have rentals next to it that rent for this amount)Prop mgmnt: $150Mortgage, prop tax, insurance: $1275Basically breaks even. Prop mgr will take 1/2...
Jim Ziccarelli
Tenant Shower Leaking
I have a tenant who's shower floor is leaking into the basement. The repair is going to include remove existing tile floor, moving drain, new floor pitch and install of tiles. The process is going to take a 4-7 days d...