Mike Robinson
New Investor in Tacoma, WA
Greetings BP Nation!My wife and I bought our Primary Residence in Tacoma, WA 3 years ago and it's time to go deal shopping. We are interested in primarily Multi-Family Buy and Holds as well as Buying/Flipping to inje...
Account Closed
Note investing vs. buy and hold rental income
Buy and hold multifamily residential property vs. note investing vs. REITs, Pro vs. Con?One podcast I heared Joshua Dorkin mention he was interested in shifting from buy and hold multifamily residential, to note inves...
Christopher "Bear" DeSanctis
DSCR Ratio - how is NOI estimated
Considering that DSCR = NOI / Debt Service and NOI = Gross income less operating expensesWhen institutions are looking at operating expenses for a new purchase, how are they calculated? For example, if we know the g...
Jacob P. Cybulski
Military, Buying a rental property
I bought my first house near Camp Lejeune, NC about 6 months ago. I am house hacking and have roommates who pay the mortgage. I have a friend who is leaving soon and is willing to sell me their house for $200k when th...
Carole G.
Ex girlfriend broke windows. Who pays?
One of my tenants' ex-girlfriends broke every window in the apartment. I am trying to take her to small claims court, but in the meantime, the windows need fixed. The total is only $137 over my deductible, so no use...
Mark A.
Who is ACTUALLY cash flowing with these interest rates???
With interest rates at or near 7%, who is purchasing property right now (or in recent times at these rates) and actually predicted to cash flow after expenses (mortgage, taxes, repairs, maintenance, insurance, etc.)? ...
Gerardo Varela
HELOC?
I'm new to BP and wanted to see if pulling cash out of my home is good idea to begin investor path.
Steve C.
Living off of rental properties for most of retirement income?
In my field (counseling), I've been working for almost 20 years. While the salaries have been low, up until this year when things really spiked, the retirement plans and money able to be set aside was just embarrassi...
Jason Crow
HELOC for Investments - Good or Bad Idea?
My wife and I own a house and land worth about 1 million, free and clear. We are in a hot market in the Austin area. We have previously flipped homes and owned a few rentals prior to the housing crash. I decided to ge...
Renard Miller
Seller Never Collected Security Deposits
I am in the final stages of purchasing a fourplex in Virginia and wanted to see if others had any thoughts on what my options are. In the future, this will be a question I add to my diligence checklist, but in this in...