Matt Urbas
Strategy when bidding on Auction sites
Hi all. I have found a property I like on an auction site. Bidding starts at 40k and increases 10k each bid. The most I’d pay for the house is 50k. Should I be the first bidder at 40k and hope no one else bids? Shoul...
Nicholas Delgado
University Lease Advance payment
Hello BP Landlord Community/ Legal Team,I have a housekeeping question for y'all. I do university rentals to athletes at a school that I have a few connections to. Anyways, it came time for yearly rent increases (3%) ...
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...
Anthony Patrizi
Switch current fha to conventional?
Hi BP,I recently met with the mortgage broker I used to finance my duplex with an FHA loan and asked if I qualified for another FHA because I just got married and also have a step daughter now. He said he thought they...
Ellie Perlman
How We Increased Rents by 29% During COVID
As a value-add syndicator, we've all had to face some very tough decisions with the impact of COVID. I've noticed that there are basically 3 main concerns we've all shared in trying to navigate our investment properti...
Erik Michael
How to make more money?
I currently own 2 houses that I rent out on air bnb and I’m about to flip a house. What is the best way to make more money with properties?
Trying to figure out if there’s a way to get money from my current propertie...
Dawn Fu
How to make use of unfinished basement
I checked several multi family listings this week, and found many of them have up fished basement. I was thinking of converting basement to storage. but since I have to renovate the basement anyway, are there any bett...
Joseph Ambrose
Help with Owner Financing Deal
Hello everyone and I appreciate any help/advice upfront. I am trying to help very close friends of mine with a real estate transaction. Below is the following scenario:The house: 1800's Greek revival made into a duple...
Bryan Plumb
Best way to pull equity out for first investment property
Our situation:End goal is to have a single family home in Maui in a few years...We have roughly 257k equity (conservative estimate) in our single family home after about 7 months of ownership (thanks to locking in our...
Tyreek King-El
Switching from PM to Self-Manage in the middle of an active lease
Team, I am looking to beginning to self-manage my first rental, as I am actually moving not too far away from it with my second unit in about a month. What would be the best way to do this, and what challenges might I...