Grant Boynton
New Investor Starting Out
Hey all,I am relatively new to BP but I have a question. I am new to real estate investing but want to jump in with both feet. I just was approved for a HELOC of 85K and I am having trouble with where to start. I need...
Krystal Stone
Heloc, refinance or sell?
Hi,
We currently have a rental property that we make $450 on each month. Our equity in the rental is $100k maybe a bit more if we make some updates. We remodeled the home we currently live in and are nearly done. Our ...
Matt M.
Having trouble figuring out cap rate
Hopefully I have the correct category here... so I need help (please) figuring out my cap rate of these two properties (both sides of a double)1st one purchased dec 2015 for $23,100(cash), rehab costs $17,000 (cash). ...
Andrew Alvarez
Need Funding for 8-Plex
I am buying an 8-plex in Albuquerque New Mexico. I thought the seller was originally going to carry for at least 6 months, but I misunderstood.Instead, I need to either secure bridge funding for 3-6 months or find lon...
Rob Borkowski
New Property Purchase - Inherited Problems
Just closed my first deal last Friday. It's a single-family home that was a Fannie Mae property in near move in condition. The property was listed initially at 109,000 and over the course of (3) months it dropped to 9...
Rick Barbato
Tenant Christmas and Holiday cards
This year I'd decided to send my tenants (12 doors) Christmas/holiday cards, with a 25 dollar gift card to target in each one. I have some tenants that have been there 2 months and some 2 years. But its coming from ...
Phil B.
HOA to POA with new rental restrictions
Morning, we have a successful investment property (single family home) in Georgia. When purchased two years ago, the home was in an HOA that had no limits on rental properties. The home owners are now voting to chan...
Mark Rogozinski
Funding for a new rental property
Hello all......I am about to make my FIRST offer on a killer DEAL for a home to use as a rental property in PA. I have been to the property twice so far and I can get this property for under $10,000....The owner and ...
Frank Maratta
Additional rent over and beyond section 8’s “fair market rent”
I just finished a two family rennovation and it came out beautiful (granite counters, SS appliances, back splash, the works), lots of interest from prospective tenants at the rents I have listed ($1850, and $1650- fir...
Amanda Done
Crossroads in life looking to make the jump, but nervous to jump
Hi BP!First post for me here.I am at a cross roads right now.I am 25 and have always chased money. This has lead me to an industry that pays well but in turn have come to hate. I also work at a bar on the side, and I ...