Alex Mora
Need guidance on which way to proceed with second purchase
Analyzing my own home and my local area, I noticed me and my partner purchased a home with a good amount of equity within the first year. House was valued at 260k and we purchased it for 240k and we put about 15k down...
Devon Moore
Mid-Term Rentals - College Towns
Hi Everyone!
Has anyone done mid-term rentals (MTR) in areas with colleges and universities as the primary demand generator. If so, can you provide some details on your experience and who was most interested in renti...
Ryan E.
Older duplexes needing major repairs - Is there a deal?
I'm hoping for suggestions on ANY possible way to make some money on a packaged multi-family deal I've just inspected (off-market, but broker involved). At this point I am leaning to walking away from it. The deal i...
David T.
Long-term lease rent reduction
A tenant of mine expressed her desire to sign a 5-year rental agreement/renewal. She has been a good tenant for a year. She is also asking for the rent to be reduced.
Is there a guide on how much the rent should be r...
Jim Henderson
Shopping for lenders
This is my first property purchased purely as an investment. I have done a handful of live-in flips and I have one other rental that I moved out of before putting a renter into it, but this is the first time I've pic...
Jorge Caicedo
NEED ADVICE ASAP!!!!
OK, 2 gutted and vacant props. On the 1st one, seller is asking $220k(mort balance owed) but the ARV is $415k w/ repairs running roughly $35k
On the 2nd one, seller is asking $139k(mort balance owed) w/ an ARV of $2...
Leo Don
How many times can you house hack?
Hello BP,Just wondering how many times can I house hack multi family properties? When will a bank stop giving me loan for OOC property? Please share your experience. I already have a establish relationship with my ban...
Josh Tschirgi
Quality Tenant That Refuses to Communicate
Hello! We invest in single-family homes in Southwest Washington (State), and the SFH I'm writing about is located in Vancouver, Washington.We have a tenant (a mother and two high school age children) that have been e...
Timothy W.
Do you keep a supply of food on hand?
This is not to be apocalyptic but to bring back to the front of people's minds a tradition that seems to have been lost recently. People used to keep pantries with significant stores of preserved food on hand in the ...
Honglian Wu
Buy a Fire/smoke damaged properties?
Good evening BPers,Help/ Advise needed :) Today we have run across a fire/ smoke damaged property, it’s off market, the owner has got paid by insurance company, he is asking ~195K, the ARV ~400K. it’s a very nice 2 ...