Corey Stewart
Having troubles refinancing in texas
When I went to refinance a home in dallas I was informed by multiple banks stating that I could not refinance for a cash out. I am more than happy to read up on this, can someone lead in the right direction?
Kristofor Rahmas
Multiple Real Estate Agents?
Hi everyone! I have been researching real estate investing for the past year and I'm ready to make the jump. I am looking to purchase a buy and hold Multi family in the Florida area. I am looking to target the Tamp...
Kevin Barnett
HELOC denied for improper use of funds
I had applied for a HELOC with WF. My intent was to keep this money available for rehabbing projects (paying hard money lenders points, reserve funds for overages, etc.) Everything was going great and I was approved f...
Andrew Easton
Absentee owner in my neighborhood, need direct marking ideas!
Hello BP Community! I've been looking for my first "homerun" deal for a few weeks and I think I may have found it, if I can get it for the right price.It's an absentee owner that used to rent the property but it has b...
Austin Copas
How much do I set aside for expenses in Texas?
Hello, I'm Austin I was wondering how much money I should set aside every month for the different utilities and expenses. Since I am too young to legally own a multifamily property myself I am going through LoopNet an...
Charlie B.
Lease ends, tenant moves out, and then you learn that they broke the No Pet Rule. What do you do?
Would you keep a "Pet Fee" out of the security deposit? In this instance I am holding 1.5 months deposit ($1,725). Otherwise the tenants were perfectly pleasant. So what do you think is fair in this instance? We're...
Nitin Dhiman
Holding period question for 1031 exchange
Hello experts,I believe that for a full tax deferral of profits through a 1031 exchange, I need to have occupied the property for at least 2 of the last 5 years. A rental property that own was occupied by me for the f...
Ricky Burton
New to the wholesale thing
hey guys do you think it will be best for me to make a buyers list/connect with buyers, before i make a deal with a seller ?
David Moore
Should I charge for actual pet repairs in addition to monthly pet fee?
Hi BP, we charge a $50 non-refundable pet deposit and a $25/mo fee per pet. In my mind, this is a nominal amount to help in the event that we have to cover extensive damage that the normal deposit would not cover.I ju...
Jason Malabute
Setting goals
I just realized how important setting goals are in real estate. I have been listening to an audiobook and i learned that my goals must be as specific as possible. I am 27 years old. I have been telling myself that I w...