Kera Covani
When do you refinance after a BRRRR
Hello All, I would like to BRRRR a few SFH's. After further research, I have been told by more than one lender that you have to wait one year to refinance the property to get the initial cash out. This explanation for...
Pete B.
Closing on first rental at end of month, wait another month before leasing?
I'm closing on my first rental property at the tail end of June. I happen to be taking a week vacation at the same time, so if I work fast I could possibly lease it on the 1st of July. The house needs new paint insi...
Paul Winka
Fix small section of drywall that rotted? <photo>
What should I do to fix this? My first inclination is to buy a big tub of red devil spackle and artfully slap it in there with a few spackle knives of different widths, but I know that's not the right way. Note water ...
Michael Blanton
Initial Investments as a Hard Money Lender
Investment Info:
Single-family residence hard money loan investment in Baltimore.
Purchase price: $50,000
Cash invested: $90,000
Sale price: $140,000
This was my first of three hard money loans. ...
Huy Hoang
House might not be vacant on the move-in date
I am in a situation that I don't know how to act.In short, my current lease ends on 30th of this month, and the move-in date for the next lease is this 28th (2 days from now). But I have not been confirmed that the pl...
Hae Sun Yi
How to Reject a Previously Approved Applicant
I was just about to send the lease agreement to the applicant that I approved with a move-in date of May 1, then the next day he wouldn't be able to move in on May 1 due to the current contract binding. I said I'd sti...
Kris Asbell
Words of advice before talking to a “guru”
Hello everyone, I am just starting my journey into real estate investing. I have a call scheduled for tomorrow from a guru. I am kind of regretting scheduling this call since I have discover BiggerPockets, but I figur...
Michael Anderson
Newbie from Oklahoma City, Oklahoma
Hey everyone, I just found bigger pockets through a few pod casts and now ended up on the site. I am brand new to real estate investing and have just started researching the purchase of my first property. I am still...
John A Maghamez
Duplex - Rent out each individual unit or whole STR?
All, I'm in the process of buying a townhouse with Ocean Views in Hampton, Virginia. It is fully furnished and I can tell it had previously been set up to rent as 2 units. The property is set up where the basement has...
Jerry Calhoun
Structuring 1031 ex using multiple properties w diff close dates
Would there be a way to purchase a more expensive property using a 1031 exhange when selling smaller properties that would not all close at the same time?
I have 2 investment and 1 residential properties that I would...