Hello BPI’m curious how members in different regions have tailored the 1% rule (especially charlotte, but anywhere really). Looking relative to some of the properties I’ve seen in the area, 1% seems difficult to attai...
How long does it take you to evict a tenant in your market? What are the most common reasons for delays?
Greetings. I have a single family home that I want to rent. Using a PM to manage the property isnt preferred (because I'll only break even, literally). My plan was to just use a PM to find a tenant (and they'll tak...
Hello all, apologies if this question has been asked before but after searching through the forums for a while I found nothing to match my particular situation. We have recently sold our rental home to the renters. Th...
I can go to work for local, experienced wholesaler who does a high volume of deals and wonder what I should consider upfront. Deals would be split for a year, and there is a modest fee to start. Like others have writt...
Im trying to buy a house with my boyfriend, I have a job and will qualify for the loan but i do not have enough downpayment. He will provide the rest of the down payment. We are doing it as a 50/50 deal.
1. I am get...
I’m really excited to rent the upstairs apartment to my new duplex. I just posted my rental on Zillow and have several viewings scheduled. Anyone have advise or tips on how to further screen tenants prior to the viewi...
Hey Everyone!I'm looking at short term financing options for a BRRR deal in New Bedford, Massachusetts. I cam across Finance of America Commercial and spoke with a representative who sent me over an application packet...
Hello fellow real estate enthusiasts. I came across this company who says they do "asset-based" lending, meaning that they provide loans based solely on the property and not the borrowers credit history. They claim ...
Need some advice. I'm looking at a 12 unit property that IMHO is overpriced because it breaks even ($0 cash flow) after all expenses and debt service (1.0 DSCR). Cap rate is 5.8% which doesn't seem too bad. I'm try...