Curtis Robbins
Rental Fire - Whats the smart move?
Long time lurker, first time poster. Struggled with what part of the forum to place this in, please feel free to relocate.I've had a rental for a number of years, bought it in 09' as a primary residence and converted ...
Blake Reynolds
Estimating Rent
What is the best way to estimate rent for a specific property which doesn't have any rental history?Is it common to just find comparable properties in the area that are rented out? Also does anyone have any input on h...
Account Closed
What part of rental income do lenders consider?
I’m planning on purchasing rental properties in the near future. Once I’ve gained rental income, I would like to finance a Condo and even more rental properties with my income from rentals. However, I’m a bit confused...
Johnny McKeon
WOULD YOU buy your interest rate DOWN to 6.375% for $22k? With a 34 month breakeven
How do you feel about a $700k purchase price with a non owner occupied 4plex DSCR loan 3yr prepayment penalty, 10yr interest only 30yr fixed after$560k loan amount (20% down)7.750 par rate with no costs. monthly payme...
Michael Baradell
First Deal Under Contract!! Aluminum wiring found!! Help?!?
Hey BP world!! I am happy to say I am officially under contract on my first property!! The property was a succession sale that I got at a great deal. The property was inspected today and the inspector discovered th...
Amanda Gauthier
Property Management in Akron
I recently purchased a property through RTR and while I am happy with them, I am having a lot of issues with KS Yoak PM Company. Not only are they horrible at communication, a stove was stolen from the property when t...
Gabriel Morales
What To Do If Your Duplex only Has One Meter
Hello, Just wanted to hop on and see if anyone can lend some help on how to proceed in this situation. Just closed on my Duplex, although its not really a duplex it is a 3X2 SFR with a 2X1 ADU. Didn't realize until af...
Varika Pinnam
New construction or older property?
Should I look at new construction properties in new communities that seem to be appreciating or older property that has lower mortgage and more likely to cash flow?
Sam Washburn
A Realistic Goal? 10k/month in 10 years
Hi I'm a total newbie. All I know right now is that I want to build passive income through rental properties.
So, I'm just going to throw this out there as a starting point to help me set some expectations....
Matthew Paul
Security deposit return sent back
This is a first for me , a tenant who was in a hurry for their deposit back , never accepted the certified mail and it was returned to me as undeliverable . So Now I have a sealed envelope with a check in it . Ques...