Chris Rogers
New York section 8 Specifically Long Island
I’m going into contract on my first rental this week. It’s going to be a section 8 rental in Suffolk County Long Island. I’ve ran the numbers up and down and they work well. I’m unsure about a couple of issues tha...
Account Closed
Rent by Room in Jacksonville
Hi everyone, I am moving to Jacksonville next month as I got my first job out of college there working at Deutsche Bank. I am hoping to purchase my first property in Jacksonville as a house hack but am struggling to f...
Mike S.
Tips for an easier transition to a new tenant
Hello everyone -I'm still a newbie to being a landlord (first time transitioning from old tenant to new) so I'm hoping some experienced people can help with how to transition from old tenant -> vacancy -> new te...
Brittani Grant
To Rent or To Sell In Washington, DC
Hey all - I'm new to BP and I'm in the learning process so that I can get into the real estate game. My goal is to make moves in 2017 and have at least one rental property by the end of the year. I currently own a con...
Bill Goodland
Evaluating Vacant Commercial Property Value
So I understand cap rates, NOI, and how they both affect the value of a commercial property. For example, a building at 50% occupancy would significantly raise the NOI and thus value of a property. My question however...
Brianna M.
Debt to income ratio
Curious to know if taking on a conventional loan with a partner will help my DTI for the next property I want to purchase. Is partnering with someone a good way to lower your debt to income ratio? Or will the lender a...
Justin Haberman
Build on burned home foundation.
We have found a vacant lot that we have mailed the owner to offer to purchase. It appears that there was a fire and the foundation remains. Has anyone ever purchased a property like this? I'm assuming you would need ...
Jayden Hamilton
What happens if my tenant doesnt pay their utilities
I make sure to put in my lease that tenant pays all utilities, what would happen if they stopped paying? would I have to pay the utility company myself? If so, how can I work around this to where I would not have to m...
Noah P Bonds
Need advice: spilt utilities vs add a utility fee.
Plan is to sell in the next 5 yrs or so. Trying to split gas & electric utilities so tenants pay their own.Trouble is doing so may cost 10k or so. It will eliminate me having to pay their bills though, which are r...
Jose Aguilar
House hack: Too many steps to buy a home with FHA loan?
Hello all,
I am speaking with a loan officer in regards to house hacking with FHA loan and they keep recommending I use a conventional, due to the fact that there is too many extra steps associated with FHA loan and ...