Michael Franko
Newbie Finance Question
I'm new to the game and have been analyzing deals on BP for the past few weeks. I'm stuck on coming up with a down payment. I have family that would be willing to front the money but how long should I estimate to have...
Account Closed
How do I make an offer against a Right of First Refusal.
Hi Folk, My name is Brian. I'm a small business owner (gym) looking to buy a property to open my second gym in. The owner is sort of open to a lease to own situation, but she doesn't want to sell right now as she wan...
Maureen Smith
1st upside down what happens to 2nd Mortgage
Hi, My property in California, is appraised approx at $320,000 and my 1st balance is approx $360,000. My second is for approx $73,000. I've stopped paying the 2nd and I'm trying for a loan mod on the 1st. Would the 2n...
Shane H.
Triplex analysis scenario
Wondering if I can get a few opinions on this potential purchase?PP $210kDP $15kRequired roof repair $15kInspection currently taking place this morning so unknown additional repair costsCurrent rents $2345 Owner paid ...
Rob Javins
Which comes first, the property or the funding?
I'm sure this has been asked before and I apologize for the newbie question. How do I get a realtor to talk to me if I see an ad in the MLS I am interested in to buy as an investment if I don't have funding arranged. ...
Account Closed
Shared water/sewage bill in a 2-unit duplex
Hi. I am a tenant so I hope I can still ask a question on this website. I live in a single family house that was converted into 2 apartment units (top and bottom). I live alone with my 18 month old son. My down stairs...
Chris Libby
Getting started investing using my retirement funds
Hello - I've been looking to get started in the real estate investment business for a while now. My goal is to create a cash-flow generating portfolio for my family and break free of the "corporate slavery" we deal w...
Daniel Howard
Forming Partnerships For House Flips
I'm a newbie to REI. I bought a house of my own just a little over a year ago, and I'm eager to start buying investment properties. I have quite a bit of equity in my house, so I'm in the process of setting up a HELOC...
Paul Wallace
Channel Manager/Reservation System for Vacation Rental
Hi,I have a condo/hotel in Miami Beach which i will be self managing nightly from June 1st.What reservation system/Channel manager would you recommend?How much would you consider acceptable as a percentage of revenue ...
Sam Leon
Would you allow tenants to "overlap"?
Have a somewhat unique situation here.Tenant got a job transfer out of state. Gave me 60 days notice. Moving out end of October.Great tenant, pays on time, good communication, absolutely no issue. I am happy for he...