Peter Mazzapica
New to business
Will be investing in my first property soon. In order to reduce unforeseen repair costs, do you recommend the investor perform cosmetic and light repairs on the property.? I realize the clock is ticking on the investm...
Account Closed
On-site handyman covering multiple buildings
Hi all,A syndicator I know is using a handyman, who lives in another complex the syndicator owns, to take care of his latest deal. The guy is retired and apparently has done a good job for the few months he’s been on ...
Liam Martin Ruane
Decrease in Condo Capex vs STR (Australia)
Hi all,
Hope this finds you all well.
Just wanting to get some opinions on Capex in condos vs STR. I'm looking at a bunch of condos in Melbourne, Australia and they typically have HOA which is in charge of roof...
Devin Mann
when is it time to hire someone someone to work for me? REALTOR
should an inside sales agent be the first person i hire?how much money should i have saved up before hiring someone
Jake B.
FHA Loan During COVID
Hi BP,
How would you handle purchasing a fully occupied multi family with an FHA loan during COVID? The FHA loan requires the owner to occupy one of the units for the first year of ownership. However, it's extremely ...
Jason Krawitz
3 tenants. Only 2 renewing. How to handle the 3rd's deposit?
Greetings BP folks. I have a property with 3 tenants on the lease. Only 2 are renewing. How would you suggest I handle the security deposit for the 1 tenant that is leaving? Would it be too simple to just refund 1/3 o...
Ran Cohen
Partners in a flipping deal
Hello My name is ron I am a new investor And will go in doing a flip with a partner who is my friend we bout going to contribute a start up capital We are going to work with cash only no banks I wanted to know what ki...
Mitch Vogatsky
Partnering with a friend on our first property
I’m just getting started in real estate and will be looking for my first property soon. Particularly a duplex, triplex or fourplex. My friend and I share the same goal in wanting to house hack, and we’ve discussed par...
Jim Costello
Bank originating loan is the original mortgage lender.
Only just joined and have a burning question (more to follow I'm sure) - So I went for loan on a property which I have under contract (my first) & I found out that this bank I'm applying to is the original loaner ...
Cosmo Iannopollo
HomeStyle Mortgage Deferment
I'm looking to do a live-in flip and the Fannie Mae HomeStyle loan looks amazing to me. The catch for me at the moment is that I have six months left on my apartment lease. However, in reading the Fannie Mae materials...