James Palassis
Do I get a say in tenant selection if going through PM?
I am in the "rehab" stage of my first BRRRR project. I have a full time W2 job with varied work schedule, so I will be going through a property manager to help place tenants and handle all other usual PM type duties. ...
Ryan M.
Traits of a Mortal Kombat Tenant?
First off I call units where doors & walls destroyed mortal combat units.
We purchased a property where the tenant in one of the units shot the whole place up with a bb gun. Walls, ceilings, doors (you could hear...
Jonathan Mudoni
Need to assist my sibling resolving a personal debt conundrum
I have a younger sister in her early forties whom i've managed to get interested in real estate. She sees the sense in the whole thing and in life she has a senior job as an associate director in the civil service. It...
Michael Randle
How to become a hard money lender?
So we all know what a hard money lender is. But the question I have is how do you become one? Does it require any sort of state or federal accreditation? Do you need to have a certain amount of start up working capita...
Lindsay Rudolph
Chicago South side.. good investment area?!
Has anyone invested in chicago area? Is south side by the lake a good area to invest? Has anyone heard about the new development around 87th street by the lake along the new lake shore drive? I'm contemplating on inve...
Noam Ofan
Settling a Judgement With a Tenant
Hey BP members.I had a section 8 tenant who did a lot of damage to my rental in Las Vegas.After complaining about the tenant to Section 8, they promised me that if I were to get a judgement against the tenant then the...
Parth Patel
6 unit Apartment building for sale asking $350K
6 Unit Apartment building with (3)2bd-1ba & (3) 1bd-1ba averaging $750/ unit. Current owner is paying all the utilities. Ran the numbers looks good but bit concerned about going and having separate metering instal...
Heeyeon Chung
Live-in Flip & Cash-out refinance
Hi BP!I am curious to know if anyone has done cash-out refinance after live-in flip of their primary residence. I see many successful stories of live-in flips and selling them, but I want to know if cash-out refinance...
Gregory Williams
How to negotiate a deal?
So there’s this property I found that wasn’t on the market. For about a week now I’ve been driving around after work for just 20 minutes looking for properties that appear vacant. So far I’ve found two properties. The...
Michael C.
Should I sell my duplex? Or refinance and hold
Numbers Bought it for 175,000 a couple years backDown payment was 18,000 plus 20,000 fix upNow I owe 135,000 , it just got appraised for 242,000 , in this market I could sell it for 250,000One side covers the mortgage...