Travis Elliott
Help me spend $600,000. Looking to buy multiple units and I need a good strategy
Hi guys.A little about myself. Some years back I sold a business. I got a lump sum of cash down and then I carried the contract for the remaining portion. More on that soon. I retired young and moved to Asia. I now ha...
Alex Panayiotou
Washer vs. Doorframe Size
Hi BP community - currently installing some finishing touches (i.e. appliances) to a rental, and ran into a bit of an uh-oh. Most standard washers / dryers are ~27in on their minimum dimension, and the only doorframe ...
Krishna Shiwdin
50+ stabilized renewals to send out- how do I do this faster?
Once again I come to bigger pockets for guidance. I am responsible for making sure our rent stabilized renewals are being sent out. Currently we are using the standard NYC rent stabilized renewal template and entering...
Maxwell Hunter
Increasing Profit Margin
New investor question for the BP community.In your experience have you noticed that certain additions/upgrades help to increase your profit margins on rent or is it as simple as "one-upping" the comps in the area?My w...
Michael Craig
30 Day Notice of Non-Renewal
Hi BP,I have an inherited tenant who's rent is critically under market value - I can get roughly 25% more without investing a dime in the unit (already received offers from future renters). I closed on the property in...
Kyle Southard
VA Loan Limits to be Lifted in 2020
Citing https://www.housingwire.com/articles/49500-va-loan-limits-to-be-lifted-in-2020
I'm learning that this new bill, H.R. 299, lifts VA loan limits while increasing the funding fee percentages a little..."The bill,...
Betty Cruz
Refinance seasoning period
I am going to buy my first rental property in San Antonio with my HELOC because it needs to close fast. I plan to do some improvement and the value should increase right away. I spoke to my lender who said it would ta...
Grant Amsberry
25% down on my first rental property
I am in the process of getting financing for my first rental property. The lender wants 25% down. Is this standard? Are other lenders more flexible?
Rick H.
Improved Housing Standards Shutting the Door on the Poor?
Below is an excerpt from an interesting read which is also linked below. The gist is that governmental efforts to regulate, and presumably improve, low income housing, have made such housing unaffordable for low inco...
Michelle Romano
Rehab Funding Needed
I have a rental property in Philadelphia. The tenant is looking to move in late Spring and the house needs renovating; new kitchen, new bath, exterior doors and basement are the main issues. I can not rent or sell i...