Jenisis Roper
Refiance VA Loan or Heloc help!!!
Hi Guys!
I have a question. I am a veteran and used my va loan to purchase our first house with my husband. We want to refinance our current home to buy a rental in Cleveland.
My husband and I are in a pickle and ...
Dan Costantino
Raising rent on tenants that come with the house
I just bought a duplex fully tenanted. Market rent is $600/unit. It is rented for $425 and $475/mo.
The $425 tenant has been there ten years. They have accepted an increase to $500/mo.
I haven't talked to the other ...
Andrew Michaud
Should I fix up my multifamily or just sit back and earn cashflow
I bought a 3 unit multifamily. This is my first property EVER, I have been a landlord for a month. All long term tenants on this property that I have inherited. And hope that they stay for as long as they did with the...
Christopher Wall
Great tenants, should I raise Rent?
Hello BP Family!I have great tenants in the East Orange NJ area. I inherited these tenants and raised the rent from 1k to 1200 when I intially took over the property. I used the BP rent estimate and the floor that is ...
Jennifer Johanson
Rent Increase
I'm just starting out, trying to find a sample letter to send to 40+ renters, notifying them of an upcoming rent-increase. Ideas?
Account Closed
Growing Solo 401K via Note to Trustee?
I have a self-directed 401K (solo 401k), and purchasing real estate for buy and hold.
However, I would like to grow it by taking after tax dollars (W2) and issuing myself a promissory note of 50K but instead of doing...
Kenny Tran
Does land appreciate?
Hi everyone,
I was wondering if their is a math for land appreciation? For example, empty lots in my area are selling for 10k. Ive been buying and building houses on the lots but I was wondering if I started accumul...
Marc S Gilker
Inherited tenants in new 4-plex
Inherited a tenant that was a relative of previous owner. They have no damage deposit or lease. I plan to raise rent as its well below market. With no lease, I am worried about squatters rights. The building is a 4 pl...
Mark Frattini
Fist commercial deal - look ok?
I’m under contract to purchase my first 6 unit commercial deal. I wanted to get the community’s opinion on my analysis.
Purchase price: 315000 5.9% CAP
B class property
25% down payment
5.25 interest rate 5/5
20 ye...
Duc Ong
64 unit in Johnson City, TN
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $4,000,000
Cash invested: $49,000
LIHTC to market plan
What made you interested in investing ...