William Dem
Advise on Proposed Loan
Hello,
I own a 2 unit investment property that needs repairs (roughly $14k) before I can try to rent it out. The house is free and clear of any mortgages, liens or anything else ( I owe nothing on the house).
I appl...
Jon Mason
Could a former tenant in a foreclosed home file for bankruptcies
Could a former tenant in a foreclosed home file for bankruptcies stay after property is sold at auction but before the deed is transferred to the new owner? This would cause the new owner not to be able to evict until...
Brandan Lail
REO's and Easter Eggs
We have seen REO's on the market drop 70% since late 2012. But, there are plenty of deals still out there, and some of the best eggs are still hidden! We recently closed a
500ac REO for 10c/dollar (based off of infl...
Adam Harper
[Calc Review] Help me analyze this deal
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*This link comes directly from our calculators, based on information input by the member who posted.
Matt D.
How much is it worth….?
12 unit apartment complex that will gross $9,000 month in rent, after expenses nets about $7,000 per month. Fully renovated, Low property tax area, low insurance area. No mortgage on it. High rental demand due to l...
Stan C.
Jacksonville, NC: currently higher vacancy? Raise rent?
Dear all,
This is my first rental, so relatively a newbie here. A duplex in Jacksonville in a C-class neighborhood. Rentals in that neighborhood average $450 - $630 for similar 2-bedrooms. When I purchased the proper...
Eddie Torres
Am I looking at mortgage interest deduction on primary home correctly?
I had question about the mortgage interest deduction on my primary home. I understand that I can deduct mortgage interest up to $750k on my personal residence. Let's say my 1st mortgage balance is $600k and I want to ...
Troy Green
Question: Efficient Ways To Deposit Lots Of Checks
New to BP, so hello everyone! I have a problem at one of my buildings with 383 units. We collect so many rent checks that my leasing agent ends up spending half the month just depositing rent and crediting it to the a...
Nathan McQueen
6 weeks on the market, and the holidays around the corner...
Earlier this fall I purchased my first investment property with a partner @Josh McQueen, a 3-2 single family near Ft. Campbell, KY. Then spent a few weeks getting it ready to rent, and put it on the market. As of toda...
Adam Pond
Refinance to knock off PMI or automatic?
This is a semi-introduction, semi-question I haven't been able to find information on. Perhaps I need to up my Google game!Hi there, My name is Adam Pond and my brother, Matthew and I are budding Real Estate Investors...