Hey gang, some time ago I recall seeing someone here on BP who has a business specializing in only buying 4-units (quads). Is there anyone who does this (forTriplexes as well)? I would be curious to see a business pla...
Hi,I am struggling with whether I should purchase my own home first or an investment property. I am from the east coast, but I've lived in Phoenix, AZ for almost 5 years. I don't plan to live in Phoenix for the remain...
So as some of you know, there’s a hurricane come this way and I have quite the issue. One of my tenants are supposed to move out 9/30 but since they are Sec 8, the county can’t inspect their new property until the 4th...
Why do most landlords pay the water bill in a rental unit?
Hey BP -I'm new to investing and can't quite grasp when a good time to refinance is, so bear with me..I purchased my first and only property 2 years ago with an FHA loan and have a question about refinancing.Details:P...
I'm curious as to what are the advantages and disadvantages to having rental units paid off versus mortgaged? For example, spend $50k to pay off your remaining loan or use that money to acquire more assets?
My think...
For your SF properties do you choose to escrow taxes and insurance when REFI your BRRs? Advantages, disadvantages? Lender is saying there is a 'setup' fee. I could drop that fee, one advantage. Thx.
Hi,I am interested in renewing my leases with some of my tenants as some of them are coming to an end. I was wondering which would be best from a landlord standpoint, renewing the lease or extend the lease. I have r...
I'm a new builder and I have been approached with the possibility of receiving two city lots in a small town near Houston TX. I have heard of builders receiving free lots so that they could develop them and create a t...
I have a friend who had a “difference of opinion” with a mortgage lender a few years ago. This resulted in a foreclosure on her primary residence. She currently has saved enough cash to purchase properties upto $150k....