Michael Mackney
Purchasing a property that didnt pull permits?
Hey everyone. I am in the process of pursuing a deal that someone got burned on by a previous GC. The seller had this property down to the studs with all the electrical redone and dry wall was put up. He did not get ...
Sandeep G.
Leasing advice needed
All,My property is up for a new lease and i am in the process of renting it to the next tenant. I have just screened candidates through zillow rental manager and shortlisted 2 potential renters.1) An attorney with a r...
Jin Zhang
How does primary home HELOC affect Cash-out refi on investment?
I've heard people using cash from a HELOC on one property (A) to buy an investment property (B), then immediately do a cash-out refi on B and put the cash right back to the HELOC on A. I'm planning to do that, however...
Jean Bolger
Exterior solid stain v. paint - can someone explain the difference?
I understand that a transparent stain sinks in to the wood, and a paint does not. But a solid stain doesn't seem to sink in to the wood either- how is this different from paint? Is it just thinner?
I am prese...
Joseph M.
Home Inspector: Small expense - HUGE savings
Hi Everyone,I just wanted to reach out to everyone (especially the new investors) to remind everyone of the importance of getting a professional home/property inspection PRIOR to the ending of your due diligence perio...
Ryan Spearman
Owning gold as a reserve
I’m a big fan of cash reserves. The covid outbreak has only emphasized this. The problem with cash is that if you have any form of debt it literally costs you money to hold cash. To get around this I have a big line o...
Account Closed
Legal question about plumbing in a condo unit
I own a condo on the second floor of a three floor building. The unit above me is having a plumbing leak so I've seen a small amount of water come down through my exhaust fan into my bathroom a few times when she has ...
Shankar Kantharaj
Good brrr deal?
https://www.zillow.com/homedetails/3529-W-54th-St-Cleveland-OH-44102/33355064_zpid/?this property is a fourplex. SQ ft unknown. 3375$ projected rent from section 8 renters. Purchase price 119,000$. 100k in estimated r...
Bonnie Cole
Section 8 lease
Has anyone broken a lease with a Section 8 tenet who doesn't pay their rent?
Brian Dudash
Questions about Analyizing Potential Rentals
Hi All! I apologize for the long post in advance :)Anyways, it's been awhile since I've visited BP but over the past couple of years I've been looking into buying rental properties for passive income (but too "scared"...