Joe S.
Is refinancing TK an option?
So to be clear I understand the BRRR, but Turn Keys are another story. Let’s say you buy a TK at full retail plus. Your down payment is locked up for a longtime. Am I missing something? Is there away to keep recycling...
Greg Moran
Candidate STR in Shenandoah valley: Harrisonburg/Bridgewater, VA
Howdy BP Community,
Need your help with my first look at a short-term rental (STR) deal. Thanks to @Michael H. Cook we've identified candidate properties that would work well for STR in the Shenandoah Valley of Vir...
Sam Phillips
Building and living in ADU to rent the main house
We have just started the process of building an ADU (max 800 sq ft) in the backyard of the property we currently live. I can't find any guidance as far as maximizing tax benefits for either the building of the propert...
Dave S.
Buyer agent really needed?
Looking to contract and close a two investment property deal directly with the seller. No agents involved. Since it's my first time doing this (by myself), I just don't want to overlook something or delay something. S...
Suyog Patel
Single family in Bloomington IL
Hello All,First time here!. I have a lead for a single family 1100 sq ft 3 bed 2 bath 2 car garage for 110K which is being sold as is with original roof. The comps are 125 to 140K (more square footage). Has rental pot...
Matt Hassett
About to close on first rental property input on next steps
So my wife and I live in Oceanside, CA and are about to close on our first rental property in Cleveland, OH. The property currently has a tenant on lease until next month. Upon closing tomorrow we will talk to the ten...
Paul Chen
Conditional nonrefundable deposit
Am I legally able to take a conditional nonrefundable deposit from a section 8 tenant to prevent her from renting some place else other then mine during/after her end part of section 8 paperwork processing stage (prov...
Jerry Mical
House Hacking w/ Friend
Hello BP House Hackers!
I have been reading blogs and listening to podcasts about house hacking and I am extremely interested in the whole idea. One issue, my wife and I have no desire to live in a house hack ourselv...
Anthony Terrones
Found a Tenant... Now what?
Hi BP! I recently purchased my first rental property and am about to lease it out beginning October 5th. I just finished screening a great tenant who actually is going to pay more than I originally had marketed the pr...
Jason R.
FHA for 2nd or 3rd property?
My 2018 REI goal is to buy two properties. One an FHA loan and the other purchased conventionally. Both MF. My family and I will live in the owner occupied for a year plus. We currently live in a house with a detached...