I have a section 8 tenant who has requested a handicap ramp and other adjustment which is going to cost approximately $10,000 according to the property management. The tenant is currently on a month to month and has r...
Hello,I'm purchasing three 1b / 1b condos in a good area here in Ohio.I'm financing through a bank and received my final closing disclosures on one of the units.Purchase price is $40k. Loan is $32K.Closing costs are $...
Closing tomorrow on a 5 plex in Superior WI. In the past, my old CPA told me a cost seg study wouldnt be worth it on a commercial building I owned that was only 295k. His reasoning was the amount I would save would be...
Hi,
I know BRRRR stands for Buy, rehab, rent, refinance, repeat. Is there a reason why we want to rent before we refinance other than the 2 reasons I can think of below?
1. You can potentially include the renta...
I am a fairly new (2.5 years) BRRR investor in the Pittsburgh Area and I’ve found myself in a tough situation where a property I bought at the sheriff sale (sight unseen …. I know 🫠) was condemned. I just had a struct...
I recently moved to the greater Seattle area and I am looking into purchasing my first vacation rental. I own an LTR on the east coast but do not have any experience with STR's. I am looking for a condo/townhome with ...
Good morningThis is my very first post and I'm really excited about this forum. A friend recommended it to me and I've just been reading ever since.My wife and I recently found a lake house that has a great view of th...
The fence surrounding my rental property in Oklahoma needs replacing. Here in California, it's not unreasonable to ask neighbors to share in the cost of replacing a fence bordering two properties. Is it reasonable t...
hey BP!
I had a quick question about what my expectation should be around a cash out refi for my investment property. A lender I've worked with in the past for primary residence is quoting me for something like 6.5...
Greetings, I recently sold my first home last week using a realtor. The paperwork was completed, signed, notarized by both parties and I receive my wire transfer on Monday as the closing was on a Friday after hours. F...