Mike Vincent
Renting to NFL Pro Athlete
Besides some pro athletes turning investor, I haven't seen much discussion on the topic. I recently rented out my place to a NFL player (rookie) in Atlanta and he had to break the lease after recently being traded aft...
Stan Plebanek
Has anyone ever done this?
I have a friend that is looking to relocate. He has a nice home that does not need any rehab. If I took over the payments subject to the existing mortgage, it would cash flow but there is always the posibility of th...
Chris C.
Owner financing on a flip
Did some searching here and found some good info. but wanted to post my situation and see if anyone had any opinion / feedback.Currently working on a flip in Illinois (which has been a horrific experience to say the l...
Carl N.
1031: lower cost replacement property
I am trying to understand what my potential tax implications would be in this example scenario.1st property purchase:$600k with $150k down Sold for $932,5002nd property:Purchase price $1,925,000$385k down Sold for $2...
Jonathan Brown
Disciplines of a real estate investor
hey bp!I am beginner investor, I just got a house under contract waiting to close on it. I have great ambition to acquire a large rental portfolio. I am very ambitious about the pursuit, always reading, driving for do...
Daniel Hwang
How do I leverage against my current property?
Hi,I'm looking to leverage my first property to purchase a second property. I understand there are specific methods like cash out refinancing, HELOCS, and equity loans. If I take those out like a HELOC how do I actual...
Tim Lee
Incentive for cold caller
Hi BP community! I'm just getting started with direct mail marketing and cold calling. I just hired a virtual assistant to do the cold calling to motivated sellers. Any guidance on how much bonus to give if a deal ...
Jeff Penovich
Has Anyone Noticed a Surge in HOI?
Recently we've seen a dramatic increase in our rentals HOI premiums. We're wondering if anyone else has noticed a similar increase. For example one property went from $829 to $1575 (one roof claim were the roof was re...
Dave Meyer
Vacation Rentals in Rhode Island
I have a friend looking to buy a summer home/vacation rental type property in Little Compton or Tiverton, Rhode Island. The summer numbers look great (about $3500/week, less management fees, VRBO, etc.). Does anyone k...
Ryan White
Midterm Rental Demand
I wanted to get everyone's opinion and experience with midterm rental demand. I have spoke with several realtors in different markets. Some of the agents I have spoke with tell me MDT demand has slowed down and hospit...