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buying first home
I have a question about a house I'd like to purchase. They are asking $105,000. I have two options on financing. I chose FHA because the interest rate is much lower and my payments would be managable. But...I need the...
Minna Reid
Frozen helocs
So today I go to get some cash out of my heloc. Guess not! It seems citibank has decided my house isnt worth what it used to be and my heloc is now suspended. You'd think these people would have at least sent me a let...
Rebecca Shine
Tenant Trashing Duplex
Hello!I only have three units so far so I'm still relatively new into being a landlord, so I'd be interested in what advice other landlords may have for this situation. My duplex is currently fully rented. One apartme...
Jeff James
Note Newbie Questions/Frustrations
I am an investor who is looking to buy my first note. I am new. I don't pretend to know all of the answers. I am still in the "I don't know what I don't know" phase in many ways.Because I have no experience and I d...
Aaron Smith
8 unit in ohio
Hi there BPers,I have a deal in a D area. Mistake #1 right? However, I think the property is selling a very nice discount. The rents maybe 50-100 under market. Details:$175k, 8 units, built 1966, $450 each unit ren...
Tristian Streeter
Preferred method to receive payment
I would love to know what are your preferred methods to receive rent payments 👍
Kel S
How important is a fenced yard & shed?
We put in an offer on one of the 5 homes we looked at yesterday. This house is only 6 years old, ranch style - 3 bed/1 bath on a crawl. Virtually it needs no work and is in move-in condition. With the exception of wip...
Michael Klinger
Property Manager has resigned and locked me out of the books
A few days ago one of my management companies resigned with 30 days notice. However they also immediately locked me out of the "live" information on the Appfolio account at the time of emailing me their intent to res...
Aaron Fletcher
Looking for some advice if i should invest in my first property
Hello everyone!! I am a new member to this page and just learning about real estate investing. I am waiting for this conronavirus to be over so i can take my real estate exam. In the mean time i have really been inter...
Manav Mandhani
Larger down payment or negative cash flow?
Hey all,I've been working with a realtor in Austin, TX looking at buying rental property in the area. Based on our research, it's going to be nearly impossible to cash flow in the area unless I bump up my down payment...