Cole Payton
DSCR or HELOC?
A DSCR loan or HELOC for purchasing another mid-term rental? How does a DSCR loan work? Do they base it on my current rental property or primary residence?
Zhong Zhang
a multifamily investment case analysis
Can you help me evaluate an investment case? I mainly want to ask if these assumptions are reasonable and if there's anything I haven't considered:
(1) multifamily units in NJ close to New York City, ~$1,000,000, 20%...
Dave Rosenfield
Private Investors and Securities
I am getting into the fix and flip market and I have family and friends who are interested in investing with me. Basically they will lend me the money to use for a property and get a 10% return on their investment. Wh...
Todd Michaels
Tenant already in place and moving out a week after closing, security deposit
Hello,I plan to close on a 2-flat in a month (week of June 22) with one unit vacant and the tenants in the other unit moving out the end of June. We will be receiving their security deposit. There is an issue with t...
Christian Lincoln
Tenant Damage...help, please.
2 year lease. Really nice 4 bedroom. New Yorkers who have never lived in the country, now they want their security back after the following:1. Let the oil run out, 13 breaks in the pipes, new pipes, new ceilings. I ma...
Frank Kosiba
2 week Stay, Some Broken Items, and Smoking - Refund Security?
Good afternoon BP Community. Hoping to get a few second opinions on a situation where we my wife and I had a 2 week renter and we're weighing the options regarding full/partial/zero refund of security deposit. We rent...
Tracey G.
New landlord with inherited tenants - what to do?
We just bought a a house last month in a college town that has three young 20's tenants. They will be our tenants until next May 31, when their lease ends. (This is about two hours away where our son goes to school.) ...
Jimmy S.
Would you go after tenant for damages and unpaid rent.
Long story short
They would not sign a new lease and it rolled over (auto renew for 1 year) and 2 weeks into the new lease they said they will be moving out.(did not pay rent and said to use last month rent...
Account Closed
Confused about securing funding
Here's my question: If I am investing in a rental property with good numbers (based on math from reading posts about being a landlord using the 50% rule, ect), what is the difference between securing a good property ...
Michael Guzik
When do you give a deposit back?
Hey guys and gals I have a quick but important question. When do you give a renter their deposit back? What criteria must they meet or what do you look at before giving it to them? I'm currently wondering what to tell...