Christian Requejo
Pros and Cons between HELOC and Bank Construction loan for New home construction
Hello everyone, I need advice in reference to using a HELCO or Bank Construction loan to build a new home. I have a lot and I want to build a new home on it as my primary residence. I currently own a home with a lot o...
Kerrie Dare
Huntsville, Memphis, Charlotte, Omaha, Columbus, or Atlanta?
I'm trying to narrow down to 1-2 focus markets for buy-and-hold SFR/small multi-family investments. I've come down to the following options and am curious about any feedback:1. Huntsville, AL 2. Memphis, TN (high crim...
Jerry Zigounakis
Best Growing Markets To Invest In
Their are a few out of state properties I am looking into. Just wondering what tools others use to analyze different markets to invest in like Growth, Economy, Neighborhoods, etc.
Spencer Rossie
First deal help (financing options)
Hello BP, I'm looking for some advice on the best approach to getting this property. Breakdown of the numbers- 5plex 3 2bd/1ba 2 1bd/1ba (Completely renovated and turn key with appliances and w/d)Asking $365K (I'm pre...
Tim Sipowicz
Figuring out property taxes.
Hello BP. I’m running numbers on a potential buy and hold and when looking at the property tax history, it says $2800 in 2019 but an assessment of $7800. Should I expect to pay that $7800 if I purchase this property? ...
Scott Trench
Better to Have $25K in Cash and No Debt OR.....
It seems like the folks that are actually succeeding at a high rate in real estate have lots of cash, little debt, a strong savings rate, and excellent credit. The folks that are buying while lacking in those areas su...
Fred Buechel
Best investment for vacation rental..Florida/SC/other location??
We are new to the RE investment world, just trying to decide how we want to get this thing moving. We are looking to purchase a vacation rental in Florida, Hilton Head Island, or Myrtle Beach. We would like to keep t...
Christine Gardner
How long should a prospective tenant be working for current employer?
Hello,
I am in the process of declining a prospective tenant for a few reasons. Mainly, their income does not seem sufficient and they have only been with their employer for 4 months.
This brings me to the question...
Lara Fobian
Accept bad tenant roommates if one tenant is excellent?
(If you prefer to skip the details, I've underlined the key points below) ... One of our tenants (“Tenant Alpha”) wants to renew his Texas lease for a second year and move his two adult brothers in to replace his (now...
Blake Reynolds
Conventional mortgage without a premanent JOB
I have been looking around to finance my first home, hopefully a small multifamily that I can live in while renting out the other unit/s. I currently am working a contract position that is not permanent and from askin...