Tyler Wright
Cash down or use line of credit for first rental
Helllo everyone, I am new to REI and taking the time now to learn as much as I can. I am looking to buy and hold on a single family property in the Richmond, Va area. I currently own my own house and was wondering if ...
Kyle D.
Developing a car wash
Hi everyone i want to develop a car wash along a busy 6 lane state highway that is used by commuters to get to work daily. It would be a full service tunnel wash with vacume stations, vending, etc. We could get the la...
Rod Walker
Locating Property Owners
Hello BP Community,
Can anyone suggest on-line (paid and no-cost) sources to research/locate property owners of record. Seeking solution to reduce "cycle time". I've tried Realtors and title companies but I n...
Abhijit Joshi
Pros & Cons of De-Converting Condominium Into Apartments
Hello Everyone,I am about to close on a 1 bedroom condominium and I got a letter from the seller saying that a company wants to De-Convert the building (consisting of multiple condos) into an apartment. From my unders...
John Thedford
Sewer/Septic Line Issues: Snake Them or Jet Them?
We have had some issues with a lot of grease in the septic lines. Some of it is fresh (yellowish color) and some older grease (white in color). We have had the tank pumped 3 times in 4 months and I suspect there is mo...
Trailson Moore
Picking between multiple qualified tenants
When all of your criteria is met on multiple applications how do yo go about picking the right tenant? Or telling a qualified tenant you are going with someone else?
Scott Peterson
What would you do with $100,000?
So I am selling a poor performing property and will have $100,000 to roll into another property via 1031 exchange. I need some advice on where to invest. As for experience I have single and multifamily rentals in my m...
Andy Cross
Removing "Closing Extension" Clause from Purchase Agreements
Hey gang...quick question.I've got a contract out with a seller, and she is kind of "balking" at the notion of a 30 day extension if we cannot close on the date stated on the contract. She wants me to take it out all ...
Isadore Nelson
Plausible deal in Toledo, Ohio?
Good morning, the following property is up for sale at $250k.
https://www.zillow.com/homedetails/114-S-Broadway-St-Toledo-... seller has 'described' it as follows:
"The property features a new roof and updated...
Naomi Berrios
Needing help with loans in Orlando Area
Hello! My husband and I are new to investing. We plan to start flipping houses as soon as I have everything mapped out. One area I find confusing is financing the flip. I keep seeing, reading, and hearing about using...