Heres my situation: I'm house hacking my condo in Santa Monica, owe $346k and its worth about $460k. I have about $50k in cash outside of retirement to use toward another property. The ultimate goal is to create some ...
Hi Everyone,I'm trying to assist someone in obtaining a loan. The person in question:Owns primary residence (300K)Has +-300K in equitiesIncome of $35,000They took out a HELOC and used those funds to buy a 4plex for $1...
Hey BP, I’ve been tasked with building a portfolio from scratch for a couple guys. When I built my portfolio I started in the suburbs and moved to some out state markets that have become my niche. The prices in the...
Just read a thread where a landlord said that his instruction to his tenant screening company was to automatically disqualify anyone with a felony.
HUD has this guideline in public housing. In some cases it...
Why do our renovation expenses seem to be so much more expensive than investors I hear on BP podcasts or at conferences, etc.? I hear investors repeatedly quoting renovation expenses of value-add apartment renovation...
It's been a while since I have posted, as like you, I have been busy. I wanted to get some of your thoughts on the recent changes that VRBO / Homeaway have made, which forces property owners to use their online bookin...
I'm wondering if I can get some help on navigating a bed bug issue in Colorado. Bed bugs are something completely new to me. I also have a question about vinyl flooring going over hardwoods (what!?!?).I purchased a du...
Thanks in advance. This seems too good to be true so I need some insight.3 family for sale for $359,000. Verified that it's fully rented for $3500 gross/month.Tenants pay all utilities except trash removal at 900/year...
Hey,I just bought a fourplex in the KC area to owner occupy. I bought it with an agent after using direct mail to find it. The inspector told us “this is the best maintained Fourplex I’ve ever seen”. It appeared that ...