John Horner
Banker told me SFH rentals are as bad as printing companies
I met with a small local bank this week working to refi some SFH rentals that are paid for in cash. This banker told me that some report he gets just came out and said that SFH rental properties are one of the worst ...
Denise Evans
Tenants and Animals
We are all familiar with issues related to service animals (specially trained and certified dogs) and assistance animals (such as emotional support animals of any species or breeds).This post suggests a compromise res...
Iaroslav Demydovych
Newbie needs help picking the right tenant
Finally after a week of having my property on a market i have 2 application and i can't see to pick one. Also, this is my first rental ever so wish me luck. So here is the scoop: the rent amount is $1275. 2.5 time the...
Russ Walk
How I replaced my jobs income in 2 years investing in real estate.
Hello My name is Russell and I am only 26 years old. I officially make the same amount of money in realestate that I make at my job. Did all this in 2 years with very little money out of pocket. That is passive inc...
Chris Yeung
Investing in Norada Funding's notes
Has anyone in the BP community dealt with Norada funding? This is a sister company of Norada Real Estate. They're opening up some investment opportunities for 24 months. Rates are pretty high (12-15% with an additiona...
Erik Sherburne
How leveraged are you?
Curious out there what people use as a general rule for how leveraged they are. How comfortable you are with debt. Do you have 401K loans? Would you cash out a Roth IRA? Do you use HELOCs off your primary? For...
Sharon Steenbergen
Should I sue for back rent?
Hi everyone!
Just wanted some opinions on my current situation. I have a multi -unit home just outside of Boston ( SUPER TENANT FRIENDLY STATE). I live pretty close to the home and thought hey, I can handle this hous...
Adam Widder
Where to store rental reserves?
We're going on 3 properties, and I'm wondering where others store their reserves for their rental properties? My general rule of thumb was 6 months of PITI, which I have in a savings account. As we go to 3 properties,...
Nat C.
Moral dilemma on raising rent
I'm in a crux about what to do on 2 rentals. I've never raised the rent on both properties since the tenants moved in. One tenant has been there 5 years and the other nearly 7 years.I would like to start with a prelud...
Ekin Turesay
How to make all cash investments work?
Hello everyone.I am looking for advice on starting the real estate investment journey with an all cash deal. My story is that I used to live in the US but then moved back to my home country and now looking to come bac...