David Ripplinger
BRRRR with refi plus HELOC to increase LTV
We know that a cash out refinance is preferable to a HELOC to pull capital back out of a BRRRR. But for conventional loans, the LTV is 75% and for portfolio loans it's typically 75% or 80%, unless you get lucky. Uncer...
Dennis Kronenwetter
Bought House - Undisclosed Plumbing Issues = High Water Bill
Hello BP Community,
I closed on my first rental property about a month ago. The house was sold by a flipping company. Everything was great and exciting at the beginning - and then....
After buying the washer and dry...
Caleb Gray
Sewer Back-up ~10k in Damage
Hello BP!I was on vacation out-of-state last week when every investor's vacation nightmare happened: My tenant called and told me the unit was flooding (being destroyed). I called Service Master and they were able to ...
Daniel Domer
Cocoa Beach Canal/Pool Home - Mgmt Co or Self for Short Term Rent
Hello all,
Looking for some general advice here, we are closing on a 4BR/2BA Canal/Pool home in Cocoa Beach next month. We have to furnish it all and from there are looking to use it for short term rentals (Air BNB, ...
Holly Ross
Any thoughts between these markets? New to REI and could use some advice.
Hi all. I live in Buffalo, NY and am closing on my first home this week. It'll be my primary for a bit, but I intend to turn it into an MTR when I move on to a new place.I plan to buy my first investment property in 2...
Mark Neiger
Analyzed / paralyzed newbie, cash burning a hole in wallet
Been on BP for about a month now and this is my first post. I'm starting to feel that paralysis by analysis feeling. In the last year I've read two dozen books on real estate, done hours of research on the web, lis...
Kaeli Wood
Seeking Advice: STR or Long Term Rental
Hey everyone, we moved to a HOC area (North San Diego county) where it seems the deals are few and far between. I’ve been an Airbnb host for the past 5+ years in UT and CT and the cashflow seems really appealing in th...
Tim Johnson
How to structure a rent to own deal
I have a single family home that is not selling, as a back up plan I would like to rent it with the option to buy. I've never done one of these before, I'm looking for some sample leases and how to structure this kin...
Daniel Hajduga
Market Research - Furnished Finder
Hi BP Community! I'm going to dive right in - I am doing my research and due diligence on my next investment. I plan on purchasing a multifamily in Essex County here in NJ where I plan to house hack and rent out the r...
John Underwood
Short Term Rental Investor Credibility - or Lack thereof
For the Newbie STR Investors these things let me know that you are very new, not an investor at all or don't understand what owning a STR is all about.1. Refer to STR as an "Airbnb" You have a STR listed on Airbnb.2. ...