Faiz Kanash
Does my type of income qualify me for a conventional loan?(Bank statements loan?)
Hello all,Just a general question. I primarily work with hard money lenders to satisfy my needs when it comes to my projects as a fix n flipper, however there is also benefit if I'm able to work with conventional loan...
Michael Tucker
Stumbled Upon Some Apartments, Now what?
BP Fam,I was feeling ambitious looking for leads in random places and came across a 15-unit multi-family. I decided to cold call it with a handy dandy downloaded wholesale leadsheet from BP. After attempting to go thr...
Josh Calcanis
Best tools for running the portfolio like a business
Fortunately, I have had the opportunity to learn from everyone here on BP while beginning to invest in properties out of state. I live in Seattle right now and have a Triplex and SFH in Orlando FL. Both have positive ...
Kevin McDonald
tenant hanging too many pictures/items on wall
I just remodeled one of my rentals (tore down to the studs everything new). My new tenant has moved in and has been in the house for about 6 months. I have noticed the few times I have been called to the house to t...
Ashley Benning
My retirement does 6%--Do I drop it like it's hot?
I have about $0 saved up for REI. It all went into the purchase of my primary residence a year ago, and now that I'm stepping up my REI game I'm regretting that. Live and learn.
My down payments with HMLs comes from...
DG H.
Fix or lower rent
I've wondered what would be cost effective in a working class blue collar rental when someone moves?...Fix all of the *little things* all bright and shiny hoping to get $525 or just clean and rent at a lower rent like...
Monica Narvaez
About to close a deal and all of the sudden bad news
We were about to sing the contract last night and overnight the deposit check to close a deal on a multi family in the Bronx. Then the sellers agent called last night to tell us that a new offer came through and asked...
Joe Rinderknecht
Property Manager in Distress
Who on here has extensive experience and knowledge managing a bigger Multifamily property?I am managing an 80 unit complex in Utah that is a section 42 Low-Income Property. The owners enforced a blanket increase to th...
Sean Lesser
Any tips for purchasing a home with a tenant in place
Hoping to get advice, I found a home where the margins work but the house is currently rented at lower rate until July. What are the pitfalls and or things to pay attention to in these types of deals? House is in dece...
Chris Dougherty
Move-out damage negotiations
After seven years of living here, I'm relocating. In the next few weeks, the landlord will hit me with what she feels is an appropriate amount for damage.
Assuming she tries to exceed my $1,950 deposit, here is my pl...