Gary Lawson
Rental Property Yard is Flooding
Good Morning!I have a single family home that I purchased in Southeast Michigan in January 2018. I have a tenant in there now, and am working with a property manager due to the fact that I do not live in Michigan. T...
Trenton Mattson
CONDOS WITH HOA/ ADVICE
In Good areas of CA I’m seeing some opportunities in potentially buying condos. Wanted some input from people that have bought condos that have HOAs. Are condos better for long term maintenance costs? Benefits of an H...
Greg R.
Remote property management company??
Hello all,
I'm not sure if what I'm looking for exists, but I'll ask. In an ideal world I'd have a remote property management company who has a limited scope of work, but is the primary interface with the tenants. In...
Anthony L.
FHA question - how to finance second deal
I own and occupy a 2-family house in MA which I purchased and financed with an FHA loan in October of 2013. This was my first of hopefully many real estate acquisitions.
Keeping the details short - the apartm...
Derrek Lawson
Newbie in Columbia, MD
Hello. I'm Derrek Lawson from Columbia, Maryland. I'm 44 years old veteran, new to real estate investing. Nothing purchased yet. I might be 12-18 months away from making a purchase. However, I have some general real e...
Anthony Harris
Calclulating Cap rate
Hi All,I was hoping any landlords or flippers could shed some light on how they calculate the cap rate of a rental or flip? I know the formula is Net Operating Income/Gross Rental income. But what I'm not sure is how ...
William Johnson
Lease to own sandwich with current owner
I have a question about how to best help a homeowner and maximize my profits as well. he has to pay 13000 as back payments. He owes 204000 on the house and he would be open to paying me rent with an option. I don't kn...
Christina Brooks
Signed contract this morning... condemned this evening
Hi All,
I have a question that I hope you can help me with. After two weeks of back and forth negotiation with an absentee owner of an abandoned property, we came to terms that we both agree on. I signed the purcha...
Julie Fullmer
Distance investing, West vs. East
Greetings everyone! We are new to BP oh how I wish I knew then what I am learning now!!! (isn't that always the case?) We have owned several properties over the years. First purchase was a singlewide trailer nightmare...
Roger Simons
99% of houses are not optimized for house hacking. They need a makeover.
The ultimate house hack maximizes the space. In my area rents are about $500 for a 100 sq ft room. The problem is a typical house only has 3 bedrooms and its probably 2000 sq ft. That's pretty ridiculous....$1500 f...