Christopher Lawrence
Comfort cat. Fair housing law question.
Hello,I was wondering if any of you have had a situation like this arise. I own a college rental property with 6 students renting for a yearly lease. They came to us as a group of 6 and signed the lease without ever d...
Tanya Ansari
Primary Residence or Investments?
Dear BP members:
I really need to hear some advice.
Long story short:
-we are full time high income earners with W2 (also pursuing a start-up in biotech on the side) moved from Bay Area to SD (Cali)
-invested in ...
Deisy P.
Tenant Prospects and want me to make exceptions
I listed my unit for rent. I repeatedly mentioned a 600 credit score. The prospect emails me back to tell me about their hardships. They mention family, health, they can pay upfront but how can I let them down? The cr...
Cam Jimmy
What qualifies as being out of the "rat race"? Your opinions.
What qualifies as being out of the "rat race"? No consumer debt?Financial freedom?In your opinion, tell me what being out of the "rat race" means to you. I'm just curious :)
Daniella Spears
Tenant running barber shop out of home
Hello,I just found out my tenant is running his own barber shop out of my home. I don’t really have a problem with it as I don’t pay the utilities, I just want to make sure it doesn’t open me up to a lawsuit of any k...
Vanessa Johns
Sewer vault for another house on our rental's land
I have a newly built manufactured home on 0.6 acres in a rural area. The subdivision, however, has "city" sewer through a sanitation district. When I purchased the land I was told of an easement on the front edge of m...
Felisha Derrick
Beginner situation/Hubris/What would you do?
In 2019 I purchased a Duplex in New Orleans for $219,000, I was able to refinance during Covid to a 3% interest rate. After I left NOLA, I was able to rent each side for $1,295 through a property manager taking 10%. T...
Account Closed
new deal Risk Tolerance? using anticipated occupancy % to decide how big multiplex you should buy?
im trying to decide how big of a multi family property debt i should be willing to take on. ( MFH type of properties are something Ive been looking to get into)so on a 4plex for example im assuming a worst ca...
Thomas Daly
Property with In-Use Underground Oil Tank
Hello! I have spent the past year reading these forums and books in prep for my first purchase, and one major take-away is to be extremely cautious on properties with underground oil tanks. The instructions on how to ...
Roger Mace
Should you refinance a DSCR?
Refinancing loans with a focus on Debt Service Coverage Ratio (DSCR) can be a strategic decision for businesses. Here are some situations when refinancing might be considered:
1. Improved DSCR: If a company’s DSCR ha...