Raymond Hill
Increase Tenant Rent
Hello BP Family,
I have a tenant who is a single woman that ever tired receiving a fixed income. She is currently paying well below market value for her unit , however her payments are on time every month. He's over...
Jeremiah Lewis
Equity or Cash flow position?
Sorry if this is in the wrong spot. Might have shot myself in the foot. I have a single family primary that I’m working to get rented out, I refinanced it on a 15 year a 2.375% because that dropped my total interest o...
Davin Jeffers
Missed appraisals in a hot market
I currently have a home for sale and have accepted an offer over asking price. My concern is that the comps are bad. So how have you seen appraisals in this hot market. Have there been a large increase in miss appra...
Laritza Amado
Should i sell or keep my apartment?
Hello in 2021 my partner and I bought an apartment in FL.The main purpose of the apartment was to invest our money to have it saved for our son to go to college.We have been renting this apartment to a family member w...
Nicole Ferrara
Heloc on investment property for more investment properties
I purchased a SFH as an investment property - I’m reading here there some CUs and banks who will allow a 80% heloc (in order to get cash for another investment ) . Is this not a preferred purpose .? When asked by ba...
Paul Guarino
Advice on raising rent for a tenant that is far below market rent
Background:I have a tenant that moved into my condo in July 2017 (so just over 5 years) at $1,395/mo rent. She is currently on a month-to-month lease, and she is a great tenant.
On 3/1/2022 I raised her rent for the ...
Aaron K.
Explain how cash-out financing or HELOC will help me grow.
Let's say I own $1M in real estate, 100% equity (I don't, but round numbers are easier). I want to either HELOC or cash-out finance in order to purchase more rental property. Can you just read my line of thinking ...
Bryan Williamson
How to value a duplex without solid comps
How do you value a duplex when there haven't been many that have sold. My agent sent me comps of single family houses but obviously they have sold for more they aren't investments. Ultimately it's only worth as much a...
Nadir M.
Taking on month to month tenant
Hello everyone,Currently looking at a house that is tenant occupied, tenant is month-to-month. Seller states the tenant has been great. What should I look for? If I purchase property, do I keep tenant or vacate and re...
Austin Farsai
Business strategy information for rental property
So I had a number of questions go through my head and haven’t found the right person to explain this if anyone could help me out. I have a rental property that I am the owner of and was wondering what is the best stra...