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We're finishing up renovations on a duplex that we're house hacking and considering section 8. I have heard all the horror stories about section 8 tenants. I know that it could end up be a nightmare living above a bad...
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Preparing Loan Requests That Get Funded Lenders are driven by many factors; one of them is self-preservation. Simply put, no lender wants to make a deal that goes “upside down” Therefore, a would-be borrower, wants to...
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I am trying to find solutions to the high cost of water and sewer relative to the rent income and other costs of ownership. My questions are:
1.) How can we reduce tenant water consumption in a 2 family property... ...
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Excuse me if this is not the right forum.
I am in Tampa, Florida. I see a house that SunTrust Mortgage bought at auction in August 2013 for $72,100. The property appraiser's website shows a Certificate of Tit...
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Hello,Recently I posted a topic about purchasing my next rental property. I had considered paying it off in full rather than any financing, but I received a lot of advice showing that having some debt was a good thin...
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There are lots of posts about the pros and cons of section 8 when searching the site. What is the best way to screen section 8 applicants to ensure the best possible tenants in the program are approved?
Hey Bp'ers , There are alot of lower income neighborhoods in my backyard ( not actually in my backyard but you get it) I have alot of oppertunities to be a cashflow monster with the lower entry price point. My ques...
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I am in the process of planning a start-up high-end shoe boutique in my area. I am now at the part of finding financing along side finding a building. Now here's my dilemma:
I am looking for a commercial /ret...
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Hi folks,
I'm looking at a 3/1 REO going for $14K, rent comps around $700. I won't know the repairs until getting in today, but it appears in reasonable shape, probably no more than $15K.
It's mapped in...
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Relatively new investor here!I purchased a single family home in October 2014 and have been renting out 3 of the 4 bedrooms ever since. This results in a monthly profit of $427. I am currently on a plan that would all...