Dmitri K.
Help me with a reality check on an existing property.
I've acquired a few properties in Cleveland in the past year, and at this point i am starting to worry that maybe i am pushing too hard or doing something dumb. So, i am not exactly in the $30k category that Ben Leybo...
Justin Wilson
Vacancy Rates in Akron
Hello all,I'm analyzing a 6-unit with two 1 BD / 1 BA units and four 2 BD / 1 BA units. I'm using 10% for vacancy in my proforma analysis. Is this a good number to use or is it to conservative? Any help is apprecia...
Jon Schwartz
HELOC: lower APR vs. interest-only payments
I'm going to apply for a HELOC on my primary residence to fund BRRRR properties. In shopping around, two options beat the rest, and I'm having trouble deciding between the two.Option 1 is a 4.05% APR with interest-onl...
Karoline Kaon
45k out of state mistake or opportunity?
Hello BP Pro members,I am going to graduate school and I had this idea of buying a home to live in while I go to school. I found a house and I am under contract for a home at $43,500. The house was priced at $45,000 a...
Laportia Paulk
Assignment of contract in Alabama
I'm working wholesale. I haven't started on any deals as of yet because I have been unable to locate a title company that allows assignment of title. I understand most of it or how it's supposed to work anyway but ...
Jerry Zhang
Negotiating EMD with Seller
Hi,
I just hopped of a call with a seller for a property where the terms were fine. However they requested a 5 figure EMD and we usually try to close with one in the 4 figures. What are strategies you use to conviven...
Andrew Fidler
Toledo Blade Article - Real Estate Boom!!!
https://www.toledoblade.com/opinion/editorials/2023/12/12/ed...
(Text of article posted below)
It's nice to see Toledo made the national scene...Realtor.com Forecast of 2024 Top Housing Markets - Toledo #1
Well, ...
Arron Paulino
Contractor DId Not Follow Through
I have a fix and flip project in which my previous contractor (who previously had been a rockstar) did partial work and has not followed through with his work. I regrettably paid him off (I know I shouldn't have!) and...
AJ Wong
How & Where to get the best AirBnB mortgage for vacation rental investment property
In today's real estate investment market the mortgage matters. For those not purchasing with cash, assessing income or cash flow can often come down to the terms of the mortgage financing for an AirBNB or Vacation ren...
Richi Brown
Newbie in Detroit looking to get started
Hello my BP community, I am a newbie investor in the Metro Detroit area and I am ready to dive into my markets real estate community! I started listening to the BP Podcast back in December and its been very enlighteni...