Amy Greger
Refinance with Self-Employed Income
Trying to refinance cash-out on a duplex. Excellent credit. Went through most of the process, and was shut down because we have self-employed income only. "I thought you still had a job (W-2)"... What's the best wa...
Vicheka Chres
additional tenant that adding to the existing lease
Hello BP, I'm renting out this single family home to (currently) five individual tenants. One of them vouch for the additional tenant. I modified the lease to add the last tenant move-in date to Nov 1st but I haven't ...
Don Shore
Using a rental agency for out of state property
Hello everyone this is my first post and I am a newbie to real estate. My question is this-I will be working in ND in the oil boom. I want to eventually move to TX and own properties there. I will not have time to dea...
Teresa Johnson
Fostering Goodwill Amongst Tenants
I asked earlier if folks offer gifts to their tenants at the holidays or move in and I got mixed responses? What do you do to help foster goodwill (and how many units do you have as a point of reference).THANKS!Love,a...
B Hall
bathroom redo
I have a one-level ranch with 1.5 bathrooms. The main bath is small (just room for toilet, sink and tub) with no windows and backs up to master half-bath also small with a window. Master has toilet and small vanity. T...
Drew Smith
Mortgage consolidation
I currently have 7 rentals (SFR) and I am in the process of setting up a LLC. I am going to refinance 5-7 of the properties in the name of the LLC. I've been in discussions with with a director of private banking at a...
Samantha Epps
Online Auctions - Buffalo NY
Anyone have experience with online / in person auctions in Buffalo, NY? I know generally how they work but I'm wondering how I can prepare myself to participate and if folks have any must-know tips? Additionally, what...
Stanley E.
If I own it, what should expenses be?
Hi BP. I purchased my first property last July and fixed it up. Got it on the market and rented it this March. I paid cash ($12,500) for it using my self-directed retirement account. My question is, does the 50% rule ...
William Wilson
Trade cash flow for capital?
I've got some equity in a rental, and I'm looking to scale up and buy more property. I can refi the rental and raise $30,000 cash. That would reduce net cashflow (income after all expenses) from $262 to $127. What do ...
Matt Mulvaney
Multi family syndication
I'm looking for book recommendations to help understand syndication better? Thanks