Kathryn S.
Is tenant obligated to communicate?
We have a young and stubborn tenant who steadfastly refuses to give a firm answer as to if the bedroom ceiling is still leaking. We replaced a lower roof and checked potential plumbing issues. All we would like to do...
Izac Sheforgen
House Hacking a Tri-plex or Quad-Plex
I am wondering if you are able to house hack a tri-plex or quad-plex in WI or MN? Are you able to get an FHA loan on these properties by owner occupying one of the units? I know you can get an owner occupied/low perce...
Ryan Thomas
Estimating vacation rentals revenue during an economic downturn
I currently use airdna to estimate revenue on potential short term rental properties. Obviously this data is based on the current economic conditions. Does anyone have a rough ball park proxy to discount the ADR and O...
Etim Fisk
Is it a good idea to buy an apartment with no tenants in it?
The property I am attempting to buy is in a very nice wealthy neighborhood in central Illinois, however, It doesn’t have a single renter occupying the property at the moment. I’m wondering if I should forgo buying thi...
James Park
Luxury SFR rentals vs. Low end SFR rentals
This thread is a spin off of "Buy 1 rental home or 3 rental homes" I was wondering if any of you in BP nation own one or multiple higher end SFRs in very nice areas? or even focus on higher end SFRs as your stategy in...
Account Closed
Do you ever not do a qtr. insp. 4 tenants that don't complain?
I just closed on 4 doors. Two of the tenants seem to be ideal with rent being paid on-time, considering it being put in the mail, etc. Would you ever hold off from doing a tenant inspection save on a potential "outlay...
D Barkley
There seems to be a trend..banks are moving slow in foreclosure
Some banks I have seen are either moving slow or not foreclosing at all. They seem to have a wait and see approach to homes that are under water. I have seen most of these loans from Chase, Bank of Amer, Wells, etc ...
Joe Zhang
The rental property with self-directed IRA
The property was purchased from www.hubzu.com and closed in the end of July 2014. This is the first real estate purchase with my self-directed IRA account. The transaction was smoother than I thought. The custodian I ...
Andrew Caldieraro
Get a loan for a property you paid cash for, or not?
I bought a SFH outright for a rental property. Rent will be right around $1000/month. Appraisal value is $110k. I can get a 30-year fixed loan at 4.0% for up to $82,500 (not exceeding 75% LTV). With that said, closing...
Bryan Noth
July 2021 Market Update for Austin, TX MSA
The stats are in for July 2021 of the Central Texas Housing market. Prices have continued to see an increase in year-over-year data but the month-to-month rate actually saw a slight decrease.
The The City of Austi...