Gary Dayton
100% OO Mortgages could be drying up as well
I have a pre approval for an OO 100% Mortage through USAA Federal Savings Bank. I called yesterday to ask about getting a pre approval letter for an offer I'm going to make. The woman I spoke to said even though I h...
Denise Holder
Are excessive Realtor fees? I'm the "seller"
Hello,
I am selling a cabin in the Allegheny mountains. My realtor is asking me to sign a Pennsylvania "Listing Contract (Seller Agency Contract). Exclusive Right to Sell Real Estate" contract, which is normal. But ...
Gabe Goudreau
What Utilities Can I & Can't I Bill Back Tenants For?
Hello BP Community,I'm doing some research into how to analyze utility expenses of small multifamily properties (5-20 units) and I'm confused about which utilities you can & cannot bill back to tenants. I know som...
Jonathan W.
Upgrading After Damages
Let’s assume that the tenant has animals that ruin the laminate flooring. The flooring is unsalvageable.What if then I wanted to upgrade to vinyl plank flooring only because I have to replace the floor so I might as w...
Luis Orts
How do YOU perform due dilligence? (Rehab)
What is it that you look for when flipping homes?
What are some of the BIGGEST green flags when you consider a home?
What are some of the BIGGEST RED FLAGS when you consider a home?
I'm looking fo...
Noah P Bonds
Should I cash out refi with interest only payments?
I have a lender who has an interesting loan product - thinking about using it for a cash out refi. Loan terms: 40yr fixed, 5.375%, interest only payments are available for 1st 10yrs(that's the part I like). After that...
Atul Mohlajee
Bought a 2-Flat in Forest Park yesterday
Just bought another 2 Flat in Forest Park yesterday. Paid $180000, and will cost additional $15000 in remodel/repairs. Expected rents total $3000 per month. It is within 2 miles of my primary residence and thus mee...
David Smith
Which insurance for Airbnb Arbitrage?
I want to do Airbnb Arbitrage. Which insurance do I need to buy and where?
Ryan H.
Property Management Agreement
Hello, I'm reviewing a property management agreement (I would be the landlord) with the following terms:- Management fee is 10% of rent- Charge of 15% of rent with each new tenancy.- Landlord to pay property managemen...
Spencer Riche
Is solar worth the investment?
Hello BP! I'm wondering if anyone has experience installing solar on their buildings? I'm researching whether the return is worth it; the solar will be installed on a 35,000 sqft, flat-roofed office building I have. I...