Mitch Kronowit
Owner's vs. Lender's Title Policy
I'm a little confused as to why someone would purchase an Owner's Title Policy. The standard line is that the mandatory Lender's Policy only covers the lender, so it's a good idea to get an Owner's Policy to cover you...
Tou V.
Invest in Decatur, IL ?
Does anyone know much about the Decatur, IL market? I'm interested in properties there, but not sure how sustainable that market is. Who on here invests, lives, or works in this area? How is it? Thanks.
Michael Mun
How to remove rent control tenants
I'm interested in purchasing a property but it is under rent control in LA county and has tenants inside of it. How can I remove the tenants? Can you give tenants a 2 month notice to vacate?
Jack Srimani
Bank refusing to lend on property for 25k
Hi,
I contacted my bank for financing a property I am buying which is approx. 25k. However my bank denied stating that they will be only financing properties of much higher value where the bank needs to lend at least ...
Tony Castronovo
Laundry Contracts Do's and Don'ts
I need some help on something I have virtually no experience...laundry. We are building out a small laundry facility at our apartment complex and expect to complete a revenue share agreement with an equipment vendor....
Bob Mastroianni
Self Directed IRA Questions
I have a few questions about Self Directed IRA's and was hoping that some of the BP community could help me out a bit. 1) Question's for ME: So, I am in the process of becoming fully self-employed. I currently have 2 ...
Kevin Howard
Is it smart to cashout refinance just to do so?
Hello BP,I'm considering refinancing my rental properties and was curious if anyone had any input on the situation...I own a vacation rental free and clear which is worth about $500k and brings in roughly $10k a month...
Mesue Eko
In Need of Mentorship and Exposure
Hey Guys,
Four years ago a colleague of mine introduced me to the bigger pockets podcast and I have been an avid listener since then. Last year, a few months after purchasing my primary residence, I took the leap and...
Sandy S Harris
Vacancy & Cap Rates
Quick question BP'ers,
I'm spending lots of time analyzing properties these days, but I'm wondering where do I go to get the cap rate and vacancy rate on any given area? It isn't always given in a listing, along with...
David S.
When and how did you move into syndications over SFH's?
Hey folks, curious what you'd recommend in my shoes... I have two rentals at the moment, both SFH's. These were bought with savings rather than financed. I have the option of lending against my primary which would fre...