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Hello, everyone! I wanted to get your thoughts on buying condo(s) as rentals. I know there are various HOAs that go along with the package, but that's just about all I know. Any thoughts or information/experience woul...
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Hey guys. I am a residential agent but have very limited knowledge on the commercial side of things. I have a commercial building that I am considering purchasing. It is the building that I am currently renting an off...
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Hello BP,I am considering withdrawing money from my IRA pursuant to CARES Act. According to the Act, one has to qualify to be eligible. Besides the obvious qualifiers such as being infected by the virus or losing a jo...
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I want to be backed by a private money lender so I can go after reo's for now. I just need them to put the deposit down where I would have some time to make moves and find a buyer.
What I want to know is what percen...
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I started a lease on 12/15/2018 and I am the tenant. It is a three-story home and rehabbed in 2018. I am the first tenant since it's been rehabbed. To give you full context, the home is located in a flood zone in Phoe...
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Hello everyone,
I have been charging my tenants the same rental amount since they moved in back in April 2015. After surveying rental prices in the area, it is time to increase the rent to keep up with the current ma...
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Hello, I am trying to vet general contractors. What is the legal maximum allowed amount for a down payment (%) on rehab projects? How do I avoid a mechanics lien on a future property? How do I make sure the subs are p...
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I have investment properties with fixed rates of 3.375%, 4.5%, and 4.375%. There has been several six figures $$ in equity growth over the last several years, and my LTVs have recently been pushing 50%. I am looking t...
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I just heard on the news that real estate prices are dropping like crazy in Puerto Rico due to the state of the local economy. Wondering if that's a good opportunity to start investing there. Anyone on BP currently in...
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Hello BP members,I was not able to immediately salt the driveway this morning, and I received a quite threatening text from my tenant about the "icy" driveway ("...my brother in law is a lawyer!...."). I personally ...