Phylicia Stephenson
New Member from Long Island, NY
Hi everyone,Newbie here. I'm new to real estate investing but its been a dream of mine for years now. I'm in my twenties but well established with a solid career in the medical field which gives me an appreciable am...
Ramy Man
change interest rate before closing
Has anyone had experience with changing the mortgage rate somehow right before closing?The interest rate is currently going down but I am locked (it seems) at an interest rate that is higher. It seems like there isn't...
Leonard Smith
Air duct cleaning: Contractor says its mold
Hello BP family,
My wife and I had a contractor come out to do our air duct cleaning. My wife was the only person here when the contractor got here as I was still at work. After the cleaning he says that there is mold...
James G.
For a Duplex does the landlord pay for water, sewer, and trash?
I received a bill for $1,300 from the sewer company, basically all of my cash flow. Is it common practice for the landlord to handle this? The units are not individually metered. Could I charge a set amount per month ...
Abdenour Achab
Which Tax Lien States are BOTH Interest Rate Bid Down AND No Foreclosure Required?
I like the fact that Arizona is an interest rate bid down state. However, in my experience, as soon as the deadbeat owners of the worthwhile houses receives the 30 day notice of intent to foreclose, they redeem their ...
Drew Sygit
COVID Rent Funds: Reasonable Property Mgt Charges
We'd like to think we have pretty detailed property management contract. We list everything we think has about an 80% probability of happening, with any correlated extra fees if it's not covered by the management fee....
Thomas McPherson
Common Mistakes in a BRRRR
Hi all, I want to start the conversation about common mistakes when doing a BRRRR. Here is my short list:
Overestimating the After-Repair Value (ARV):Investors sometimes overestimate the future value of a property a...
Sara Martin
The $5 Sandwich GOLD
I am a young person constantly seeking personal and financial development, I'd like to share some encouragement with those in this community whom share that same passion!Graham Stephan, a young and established real es...
Chris John
Help understanding the 1031 process
Hello allMy brother and I have created a complicated mess with our real estate transactions over the past decade. We're now trying to clean things up via an LLC. Currently, we have some houses in California that we'...
Matt M.
What do you guys do w/ the rental income?
Do you pay off the mortgage at a higher rate? Do you put the money into savings for THAT property incase it needs work? Do you put it into its own savings account to use for future investments?