Hey BP Community, My rental portfolio is steadily growing (still pretty smalltime), I am up to about $20,000 in tenant deposits. Thus far the money just sits in an account, as its not my "free and clear" money.What do...
Hello,
I am acquiring a 6 unit multi-family property. My first one!! What is the most effective option for new landlords? Coin Laundry service? Owner Operated or 3rd party? I don't want to deal with on-going srevice ...
Scenario - 4 unitsUnit A - rent $500. Paid on time 0 balanceUnit B - rent $500. Did not pay. $500 balanceUnit C - rent $500. prepaid next month's rent - $500 creditU...
I purchased a property in Dallas well below market value from a wholesaler in October 2016. I fixed it up and put it on the market in February 2017. In the next couple months, I got a couple offers, but they fell th...
So first time landlord here again. We had trouble finding good tenants earlier in the winter, so we pulled our listing off Zillow for a few weeks and then relisted our property yesterday with a 3% lower rent. I'm so a...
Well as the market shifts thanks to the interest rate hikes, the offers one receives also change. Wanted to get perspective on this offer. We have a small flip house that we listed for $98K (I know, market drives pr...
So, I just read the article, "The creative way to finance investment properties you probably haven't discovered yet." And this was actually what I was planning on doing. However there was a section of concern for me...
Hello so I'm 23 years old and my plan is to invest in real estate small multi family properties
As for now I'm am just saving up to be able to put in a down payment of 20%
I have a friend who is suggesting I put my...
Is it normal for NQM lenders to charge 8% closing costs for purchasing investment residential 2-4 SFHs?
So i own a rental, in the mid-west, for about a year now and trying to do a cash out refi using only the income from the property, $2000 per month, and not any personal income. Home was purchased for cash in an LLC. ...