Hello,I am going to be investing out of state for my first rental property. What's the best way to go about renovating a property when I can't physically be there? Should I hire a property management company first so ...
Hello,I actually have a few successful flips under my belt, however, the newest deal I have secured is on a larger scale. I have some money from private investors and for a normal project this would be plenty but for ...
Hello, recently I purchased two homes cash. The first is currently being rented while the second needs to be renovated. I want to somehow leverage my first house to fix up my second. Is it possible to leverage/get a l...
I have been wanting to make this post for a few months now but been delayed so decided to put 2 of our recent houses in this post. This past summer we purchased/rehabbed/refinanced two properties and both turned out g...
I am looking for some advice on how to proceed with my current situation. Back story:I purchased my first and only investment property in 2017 using a 30 year conventional loan with I believe around a 5% fixed interes...
Does anyone have any experience paying above asking price with a mortgage and then using the difference to pay for materials for themselves to renovate it. Is that legal or do any projects need to be done prior to exc...
My parents house is paid off and they’re looking to purchase a new home while renting out the old one. Should they look into getting a HELOC or a Cash out refinance in the old house for renovations on the old house an...
Hi BP,I purchased a property this past year that had an existing tenant that was month-to-month. As part of the purchase agreement, the tenant's lease agreement ended 2 days after our closing date. After the tenant ...
Has anyone ever been in this situation? I'm renovating a triplex I just acquired, in a neighborhood which is currently going through transition from low income to high income. The problem is it has been a low income ...
Hi All, First time posting and new listener on the podcast. 7 months ago, I purchased a multi-family home. I live in one unit and rent the other 3. I'm able to live for free and I'm at 1% rule after renovations. Final...