Joshua Burke
Possible Slip and Fall Claim
We've had a brutal winter in Chicago this year! Lots of snow and ice.
So a tenant in one of our building's rents an illegal basement apartment. We bought the building in Oct and inherited the tenant - I didn'...
Justin Sherman
Advice on townhouse transfer from family member. (northern virginia)
Hello, I'm looking for options/opinions/ideas on how to basically take over ownership of a retiring family members townhouse in northern virginia, for the purposes of renting it out long term.You probably ask, "Why do...
Tami R.
Ready set... CAPITAL GAINS ?'s
So we are ready to get our first house and we have a schedule to have it completed in 8-10 weeks and on the market right after that. We have talked to our realtor we have a plan, everything laid out but I keep gettin...
Joshua Vallejos
Building a JDU in San Diego!
Hey Everyone!
So I’m currently in the process of planning to building a JADU and I’m in the step where I’m looking for an architect. I’ve gotten a few quotes from 1200, 5k, 10k. The 1200 one was from BP which redire...
Colleen A Levitt
DSCR out of a DSCR?
About 6 months ago we purchased a duplex using a DSCR loan. The original intention was to do a light cosmetic rehab and rent it out. We put 20% down at 8.25% on a property with a $136k purchase price. Loan is just ove...
Jessica Stern
Self-manage vs property manger?
Hi everyone,I am about to close on my first two properties in Philly next week (woohoo!) and cannot decide if I should hire a property management company, or self-manage the future renters.
I have a full-time job an...
Corey Dutton
Whistleblowers Confirm Bank of America Still the Worst Bank
According to a recent article published by the Huffington Post, former employees of Bank of America have filed sworn statements about the bank’s unethical conduct toward borrower’s seeking loan mods or due process on...
James Calabrese
BRRR strategy - seasoning required before refinancing?
Hey BP community,How much seasoning (history of rental income) is needed when going to execute the ‘refinance’ section of the BRRR strategy. I was speaking with Bank of America the other week and was told they’d need ...
Conner Malrose
Lakeville MN investment property
Investment Info:
Townhouse buy & hold investment.
Purchase price: $185,000
Cash invested: $185,000
3bd 2th 1300sq ft 2 car garage rents for 1500-1700 a month
What made you interested in ...
Dominick Johnson
Using Retirement Funds for REI Success Stories
Is anyone using a Solo 401k or other retirement vehicle to purchase REI? Let’s hear your success stories and advice.