Eric Grant
Should I start looking for a job? Financing issues.
So, my situation is this. I'm looking to finance my first purchase but I've run into the issue of not bringing in what is considered to be enough income. I quit my last job so that I could go back to school and focus...
Dominick Preyer
Creative financing and investment rentals
Hello BP forum, I've been an entrepreneur for quite some years now without a job that has backed me allowing to get traditional funding. I'm looking to expand my investment reach into other cities like KS City (specif...
Karen Bruck
Can I use a 1031 exchange to buy siblings part of inherited home
Hello everyone. First time question but have been helped many times with the great advice found on this website.My Mother's house is located in San Diego, CA. When she passes, the house will be left to 4 adult childre...
Jonathan Emery
Buying Property Strategy
Hi,
I have been asked if I would be interested in the following strategy to have properties in my portfolio. I am looking for advice how to go about doing this.
Someone I know wants to purchase a prope...
Matthew B.
How to handle dirty, filthy, trashy tenants
Recently did a routine inspection on one of our apartment units. This was the first inspection for these tenants since they moved in. Found the place filthy. Trash everywhere, food stains throughout, toilet bowl almos...
Charles Press
50% Rule & Taxes and Insurance
The 50% rule (or guideline) says you should not exceed 50% of your gross income in debt service.I.e. Principle and interest payment every month. Example, your gross rental income for the month is $1,000.00.Therefore y...
Rohit Dhing
First flip / Dallas, TX / Need advise
Hello, fellow RE family.I just completed my first flip in Sachse, TX (a suburb of Dallas) and only have a few final touches remaining, with the decision on SOD being a high priority. Just like any flip story, my first...
Ty Martin
Property #1 Update - House is Hacked! Now what?
Hi BP family!-I settled on my first property back in March, below are the details:-FHA loan, 3.5% down -Condo in Cherry Hill, NJ (south jersey) - 2 bedrooms, 2 bathrooms + loft. I am living upstairs in the loft, both ...
Shauna Mooney
STVR - AirBnB Best Practices
Trying to wade through the many apps and management tools for STVR and AirBnb properties has me wondering- What's the ONE TOOL that made managing your property so much easier? What's the ONE THING that made your prope...
Dianne Rothenbuehler
Selling house with renters almost out in two months
Our realtor says we need to check with our renters before putting the house on the market. I disagree. It's our house.
Need input.
They are done with lease july1st. anyway, it's not too soon to list it right?