Jonathan Taylor
Send me your financing questions
Hello BP community,
I have observed a lot of confusion on the forums about financing options and the availability of programs for RE investors. As I have gained a ton of knowledge from the forums in my own journey, I...
Wendy Schultz
Hardest Lessons Learned from Short Term Rentals
What have been your hardest lessons learned in short term rentals? I'd be curious to hear the experiences that others have had. I'd say my hardest lesson learned is overestimating how quickly a new property will reach...
Donna J
Is it possible WAMU will lower my principal?
We have an investment property that we bought in 2004. We had an adjustable rate mortgage, so we refinanced in 2006 to a fixed rate, because we were to afraid of what the rate would be if we waited longer. We have a f...
Derek Andrews
Use a PM to find a tenant vs DIY
Greetings. I have a single family home that I want to rent. Using a PM to manage the property isnt preferred (because I'll only break even, literally). My plan was to just use a PM to find a tenant (and they'll tak...
Jeff Caravalho
Would you fund this note?
Hi BP, I'm being offered this note secured by a deed of trust for the following:Duplex:Side 1: 4x2Side 2: 2x1Sqft: 1,578Total beds 6, total baths 3Total Monthly rental income: $2,100Deal Details $290,000 Fair Market V...
LuAnn Miller
Emotional Support Animal
We recently vetted a tenant that informed us after move in, they have a service animal. Actually, we discovered they had an animal in their apartment and probed them for answers since we do not allow pets. We have r...
Stacy Davis
Known Lead Issue In NH
I was wondering if I could get some help. Found a 3 family property in Concord, NH. Just before we were going to put in an offer we were told there was a known lead issue from back in 1999. We now hesitate to put an o...
John Hall
Mobile Home Park Flip - May have bit off more than I could chew.
Long time lurker, first time poster.Park is 20 Units, all but 2 are park owned.Paid 215,000The PLAN was rehab units, fill occupancy and sell the park when it was stable for around the 4-500 mark.Fully rented the park ...
Steve Burt
Evaluate My Performing Note Business Plan
Hi, I am hoping writing a long and detailed post will help check my due diligence process for getting into the notes business in a more thoughtful manner. I have read a ton of Don, Chris S, Chris W, Andy, Jay and Dion...
Account Closed
Doctor's note for cats?!
Hey everyone... so I have a bit of a lease term question. I just bought this four-plex and it's my first local property. We're managing it ourselves. We've literally had possession for 4 days. Tenant #2 comes up with ...