Isaac B.
Order of running tenants applications
I understand you accept first come first serve as long as they qualify. My question is: applicant A submitted the first application. While I'm processing applicant A's application, applicant B submitted an application...
Megan S.
MF Insurance Costs (New York State)
Hi all,I'm in the process of buying a triplex in the Hudson Valley and insurance quotes are coming in between $2000-$2500/yr (current owner pays $2400). This seems crazy high to me, as I insure my Portland, OR duplex ...
Laura Angus
Beginners- Looking at a Fannie Mae HomePath Property
Hey BP My husband and I are new to real estate investing. We are planning to flip our first few homes and use the capital built to buy rental property. We have found what seems to be exactly what we are looking for an...
Nicholas Hamblen
Ready to start investing
Hello everyone,My name is Nick Hamblen. I am 38 years old and live in White Lake, Michigan. Proud husband and father of 2 boys. (19 and 3) I work as a Project Manager for an industrial contractor. I am very much a new...
Megan Hoyt
ultimatum from general contractor
Our contractor resigned before the project was finished. We ran out of cash because we had accepted his overages instead of questioning them like we had a legal right to do, and it took a couple of months to get new f...
Gavin DeHaai
How much do I put into my rehab?
Hey BP family,
I just closed on my first single family rental with duplex potential, I need some advice on how "nice" updated to make it knowing that tannates are probably going to use and abuse it. Does anyone have...
Travelle Mason
Advantages of Buying from a 1031?
A property I am interested, the sellers are trying to do a 1031 exchange. 1) Are there any potential advantages of buying from such a seller? 2) Any additional leverage I may have or angles I can approach?Thanks in ad...
Josh Pryor
BRRRR financing for a beginner
BP family, I need some guidance. I want to begin BRRRR investing, but lack capital. Big plot twist right? LolSo my question is should I save up the certain amount of cash to be able to buy the house and afford the rem...
Mark Mo
Feeling uncomfortable with realtor. What to do?
Hi BP,
First time home buyer here so pardon me if this is stupid. A little backstory here, we interviewed a handful of realtors with the same amount of experience, education, etc. but chose this person due to the fa...
Christopher L.
Tenant not responding to rent raise/lease renewal
My wife and I are house hacking in Burbank, CA and have run into an unusual situation with a tenant that we're not sure how to handle. He and his family have been renting from us for two years without issue, their lea...