Richard Schneider
fiftenn dollar 15 minimum wage
What do people think of $15 min wage? What effect have you seen in those places where the law is already starting to change?
Marco Santana
Seller Financing Refi out
Hi BP group,I am interested in seller-financed deals, and I have two questions you might be able to help with:1) Is it possible to refinance a seller-financed property through a bank or other traditional lenders?2) Wh...
Rhett Miller
Continue to rent out or sell
I have a house that I lived in for 10 years. Over the past year we built a house, moved and started renting out the old house. Currently cash flow is $200/ mo. I’m currently looking into a refinance that would increas...
Jessica Kirkpatrick
Internet setup in a multi-family?
Hello all,
I have a 10-unit that is approx. 6,300 sq ft. In the current situation, it would be more profitable to provide internet. Rents are below market rate and they need to increase, but I can tell tenants are pr...
David White
Over Leveraging vs More Cash flow?
Is an increase in cash flow worth taking on more leverage?Was just running some rough projections on a 4 unit apartment we’re looking to purchase. At first glance both look the same. Until you factor in the down p...
Frank Yaccarino
getting started
I need to borrow money to get started. Should I look for a property first or should I have the cash first? If money is needed before looking what would be the steps to get finacing?
Trevor F.
Challenging Property Taxes
Hi Everyone,I own many single family rentals in toledo and i have never tried to challenge the tax assessment. Is it worth while to do? Does anyone know any attorneys or anybody that can do this in Lucas County Ohio w...
Spencer Tanaka
Cash-Out Refi Question and Need Some Help
Hi Everyone,My wife and I bought a duplex and started a renovation in early 2022. At that time we had a 3.8% interest rate and our intention was to BRRR the property once completed - well, right as the remodel was fin...
Carolyn L.
Ripped from the ABJ headlines - Austin is still booming!
Link to this article from the Austin Business Journal: http://www.bizjournals.com/austin/blog/morning_call/2014/12/boomtown-austin-fastest-growing-big-city-in-texas.html?s=printBoomtown: Austin fastest-growing big ci...
Peter J.
How long to wait before offering rental lease renewal?
Hello BP,I have a pair of exemplary tenants that started renting from me in late August 2019. Their current lease ends on July 31, 2020. Given their status as exemplary tenants to-date, I'm inclined to send them a n...