Kelcie Grabill
Short Sale Nightmare
Purchasing my first home and it happens to be a short sale. I'm trying to decide if it is still worth my time or if I should start finding a new home.One lender: Cenlar (no 2nd) FHA LoanOffer was put in on March 3rd, ...
Patrick Reagan
How to handle big increases in rent.
I am buying a three family home where all three rents are well below market rates.The tenants in place have been there for a few years and reportedly all pay on time.Any suggestions how to address the rent increases,...
Darshil Parikh
Austin, TX - Bubble or Boom?
I get asked by my clients everyday, is Austin, TX market a bubble or will it continue to boom? The white-hot housing market in the Austin area continues to blaze, with the median sale prices for homes hitting all-tim...
Hernan B.
Another first eviction!
Alright, I am right in the middle of my first eviction. My lawyer seems to be doing most of the work; he has filed the eviction, gotten the writ of restitution, hired the movers and the sheriff. So far the fee is $...
Matthew Rynne
Newbie from Yonkers, New York
Hi all, my name is Matt Rynne from Yonkers and I am brand new to BP. Minus reading and listening to podcasts I have no experience in investing in real estate. I've been a firefighter in the Bronx now for 6 years. My e...
Christopher Mancini
Are prices dropping in Charleston?
We have a house that is off Ashley phosphate for sale for $300, with a remodeled kitchen, new LVP flooring and whole home repainted. A comparable home sold in the neighborhood for 300 on 6/28. It's has been on the mar...
Ian Jaeger
How do I make an offer on a commercial property
Hey All,I honestly don't even know where to start with a good question - I'm at the point where I still don't know what I don't know!I posted about a property a while back that I thought could be interesting with litt...
Matthew Nicklin
Double digit rent growth across Suburban Metro Atlanta Cities
The Atlanta Business Chronicle just published an interesting article showing that most of Metro Atlanta has seen double digit year over year rent growth. With pretty much every suburban area of the market seeing an in...
Burt L.
Can I Avoid Mortgage Insurance if 20% Equity at Outset - On a Bargain Sale Property?
My landlord has offered to sell me the property I've rented for the past 9 years. The price is $400K and it is worth $700K with a fix and lower $500's as-is and is quite livable. I'm also in the real-estate business. ...
Mike Lynch
Cash on Cash ROI Questions
Hi,I am trying the 4 square method to analyze a property that I am in the process of renting. We paid $235,000 cash for a 2 unit office building this past summer ( 2017 ) and did a 1031 exchange. Each unit is exactly ...