Carlos H DeOliveira
Florida Temporary ban on check ins
The Florida governor declared a temporary ban on short term rentals, initially through April 11th and then extended it to the end of the month. I have 3 homes in Davenport FL that are short term rentals, one of them i...
John Stoeber
New Investor from Gaithersburg Maryland
Hi everyone! I’m from Gaithersburg Maryland and am looking to build up my real estate network and learn as much as I can for the next 12-18 months before investing in residential multi-family properties. I’ve also j...
Richard Williams
Lender Recommendations - MD - 100k W2 income - 753 FICO
I have been learning and preparing for REI since Mid Summer 2016. I have read 44 books, listen to 250 podcast+, my credit score above 750, 25k in savings, 60k HELOC and 100k W2 Income. I'm ready to start collecting bu...
Aaron Smith
Utilities
Hey BP gang,I'm looking at a 15 unit property in Detroit. The price is decent, as is the rent. However, the landlord pays for everything but electricity. So last year, the utilities came to $17k!!!! Which of course, k...
Jeremy D.
LOC vs mortgage
Hi everyone,
I'm in the process of refinancing a mortgage and would like to hear your opinions on these two options.
For illustration purposes let's say the mortgage balance is $30k and I'm going to ref...
Alan Chambers
Career
Hi everyone. Currently just left my sales job and now going to start RE investing. Probably start wholesaling and doing some rental buy and hold. My question is is it easier or are there many advantages to say gettin...
Dewain J.
Why get rid of a cash flowing property?
I've been listening to a lot of the BP podcasts and I frequently here people, (who categorize themselves as buy and hold investors), saying they don't hold a property for longer than some designated time, 7 years for ...
Zantiago Zurita
Tenant wants to add fence and pool
My tenant has asked me if she can put up a fence around the backyard and an above ground pool? I don’t think the fence is an issue (unless someone sees/knows of an issue), I don’t know about the pool. If I say yes I ...
Isaac J Mork
Do banks only offer 5 year ARM now?
What happened to the 25 year or 30 year fixed rates?I don’t know that I want the financial risk of rates to go up in 5 years and it kills the cash flow and we are out in a panic sell situation or just operating at 0 c...
Alan Asriants
What are some renovation mistakes that hold new investors make?
Would be interested to hear from new and seasoned investors!I can start and others can add as well- Under improvement - I think lots of people try to get away with doing the bare minimum but expecting top dollar rent...