Jonah Kubath
Refinance Personal Home for First Rental property
I have owned my home for 2 years now. I have roughly 140k in equity and I am looking to do a cash-out refinance. The cash will be used to start the BRRR method. I am looking at houses around 200-300k and then renov...
Joselyn Malik
Airbnb Property Success Tips and what to NOT do etc.
I am posting this question for someone else, but would also love to hear some feedback on those experienced with running Airbnb properties. What are some of your tips and suggestions for running a successful Airbnb an...
Andrew Baumann
MTR vs LTR?
I just purchased my first home in Charleston, SC. It is a 3 bed 2.5 bath and it came furnished. I plan to live in it for a year while renting out the rooms and then rent the entire place after I leave. I am considerin...
Saemi Jung
Is East LA a good place to buy?
Hi,
I recently found a place in East LA (very close to USC medical center). The price was a bit high but the rent they're collecting is pretty good. The only problem is that it is located in East LA, which is not the...
Azaleia Sinclair
VA LOAN FREINDLY LENDER
Hello Bp friends, I am looking for a lender that is VA loan friendly. So, the issue I am having currently with all the lenders I've spoken with so far is that they are not willing to allow me to us my GI bill as addit...
Lauren Pedro
General Journal Entry Sale of Property (Fixed Asset)
So I have a settlement statement where we sold the property. I know that we took a loss on it but I am having issues with the journal entry. So we sold the property for $1,050,000.00 and bought it for $1,220,000.00 ...
Eugene Vollucci
Comprehensive Property Analysis Strategies
THE INTERNAL RATE OF RETURN (IRR) TO AIM FOR
The IRR should reflect the degree of risk you’re willing to take. The riskier an investment, the higher the IRR. If you’re purchasing a building that has decreased in valu...
Michael Geraci
Crawl space mold, standing water, shifted columns, and well water
Hey BP!Just got an inspection report back on a SFH in the Midwest and I have some questions.The house is a single level with no basement and a crawl space which houses the ductwork and structural members.The report tu...
Ames Foley
Rules on displacing Tenants during unit repairs
I have a situation where an underground hot water line broke and I need to replace or run new lines. Until complete there is no hot water in the unit. We decided to run new lines. The issue is that the unit is occupie...
Matthew Ladner
What's should the numbers look like?
I am in the market for multifamily properties, but my agent sent a commercial property and the numbers seem pretty decent in my eyes. The asking price is 1 million for around 9,780 sq ft. It has 9 units that are all o...