Jonathan Sher
Inspection contingency on HUD property?
Hello BP friends,
I was wondering if anyone has had success when offering all cash on HUD properties with inspection contingencies. I have a feeling if you do this, your offer will be put at the bottom of the stack. ...
Rickey Wallace
Behind in taxes
While driving for dollars, I stumbled across a property that I wanted to purchase before but didn't have the ability to, at the time. Upon looking it up, I found that they are currently behind on their taxes, by a yea...
Ryan Keenan
Security deposit. Did I do the right thing?
Hello BP,
I had a problem tenant who always paid late and whom I had to evict. In the lease it says she is responsible for any lawyer fees in the case I have to sue or evict her. I did take out the 550.00 to evict her...
Chris Dayao
Refinance after buying with private money in LLC
We are about to buy a property for 25k with an ARV around 60k. We are buying it with hard money and then looking to cash out refinance (80% LTV). Should we buy the property under our personal names, or is it possible ...
Robin L.
Funding for first BRRRR
My husband and I have so far flipped two houses by living in them and doing most of the work ourselves. Now we're trying to get started on our first buy and hold with the BRRRR strategy. We've saved up about $30k of o...
Sean Starkey
Gifted 100k for my next STR
I need advice. I have one STR in yucca valley doing well and cash flowing each month and I want my next STR to be really unique and be in a great location that has a higher ADR and is in a top location. My family memb...
Matthew Masoud
10-Unit Multifamily BRRRR Infinite Cash on Cash
So I purchased a 10-unit building in a small suburb near Dayton, OH. Purchased the property for $600k.
$150k down, $450k mortgage.
4 out of 10 units were empty. The remaining 6 units had below market rents.
I purc...
Brenda Garcia
Should I buy a duplex in OC where I have to pay out of pocket every month?
Hello all, I am in the middle of my first 1031 exchange. My investor and I owned the sold property 50/50 and now I am buying the next property on my own. The property I like is a $1.1MM duplex with under market rents ...
Lindsay G.
Using equity to buy more homes
I am pretty new to investing with 2 rentals. We turned our first home into a rental and the property has around 200k in equity and the return is 9%. We are looking at investing as a long term investment for income w...
Michael Sherwood
thoughts on including utilities vs not
I had a great idea the other day but I wanted to gather some insight on including or excluding utils. I live in the dowstairs apartment of a place that I own. I am changing my television and internet service and it d...