Richard Ballard
Splitting utility costs between tenants
Hi all,
I’m fairly new here and to real estate, so far bought 3 places one a duplex ready to go and 2 renovations from auction. I’m just about done with he first renovation, its a single family home with an apartment ...
Alex Kesner
Credit cards for down payment?
I vaguely remember hearing on a BP podcast about someone using credit cards for financing. Am I crazy or do people do this? To me it could be cool to use a CC and get the perks of having points for travel & such (...
Jason Foster
30 yr mortgage vs 15 yr mortgage
I am working on buying my first rental properties and have been crunching some numbers. I was looking at 15 yr mortgages on 4 properties valued at $90K. What I found when I looked at the profits vs a 30 yr mortgage wa...
Marcus Durant
meeting with first Potential seller!
ok, One month in, mailed directly to absentee owners and put up bandit signs. I received my first call back from my mailing campaign. older gentleman who has 2 properties he's curious what he can get for. he stays in ...
Brandon Watson
Alabama Tax Liens: What fees to charge?
I recently purchased a tax lien from the state of Alabama. The tax sale date is 5/23/2017. I went by the property multiple times. There was no indication of someone living at the property while waiting to the certific...
Timothy Cervantes
Buy home and assume SOLAR LEASE?
We are in escrow to purchase a home which has a leased Solar system with Vivint. The lease could be assumed if I pass their credit requirements but I DO NOT want to assume this lease as it does not make financial sen...
Cheri Castro
Best financing options for Real Estate agent who wants to invest
Hello everyone!I'm a real estate agent doing my research to begin investing. I'm converting from w-2 to w-9 currently. I have $15k in reserves for bills and a small nest egg of $50k to begin investing. I'm looking in ...
Charles M.
Handyman for Rentals RVA
Does anyone have a reliable, professional handyman they use for their rental properties? I have had people who charge ungodly rates, unprofessional or inability to complete tasks but I haven't yet been able to find a ...
Jonah Kolsrud
Solar Panel Use for Tax Advantages/Cash Flow on Rentals
Hey BP members, I was doing some research on tax advantages to switching solar in South Carolina for rental properties. From what I can see there is both a state tax credit (25% of the total system cost up to $35,000)...
Taj Hayden
HELOC Guidance on LTV for Starting Out
Hi all,About to speak with local banks/credit unions about a HELOC on my primary. 80% LTV will do but I'm wondering if I will kick myself later for not going 90%. Has anyone started out at a lower LTV only to regret...