Peter Morrissey
Theft of Tenant's Package
I texted my tenant this weekend to do some repairs in the apt. He was away, and said go ahead, and asked if there was a package delivered, could I bring it in. It was in a padded envelope. I left it on the counter. He...
Nicholas Baughman
Financial Institutions Suggestions
I've been researching a lot of different financial institutions to do a cash out refi or a HELOC. Just curious if anyone has some suggestions for institutions that deal in VA cash out refi or HELOCs?
Patrick Ng
Finance now or later?
Hi everyone, I am continuing to try and apply BRRRR principles and could use some insight on a deal I have under contract. Deal specifics:Single family home, contract price 120k, currently valued as is 170k(seller wan...
Chris Weiler
Deal Analysis: Would you flip or hold this one?
This single family detached property was built in the 80’s and is in a B+ area of So Cal. I purchased the property cash though a short sale for 202K, put 15K into it and have multiple full price offers at 295K. After ...
Stefan D.
Gas Disconnected - Should I install electric heaters?
I recently closed on a up/down duplex in Avalon, outside of Pittsburgh. The gas was disconnected in 2017 because the prior owner left the place vacant and didn't pay bills. I'm weighing my options, and it seems like...
Christopher Kolasa
Half net worth in 401k, time to stop contributing? Futures.
Hey all, with the begins of my rental portfolio underway, a duplex and a single family (partnered) with a built to rent property under contract that'll be ready Q1 next year (2021), half my net worth is sitting in my ...
Ryan Auber
Seeking funding methods for newly self employed
Hello BP Community!I am seeking different loans / funding methods I could get approved for to fund more deals. Last year until the end of 2021, I had a W2 job and had stable income, had no issues getting loans. I st...
Carmen Graves
zoning attorney in Chicago? legalizing illegal attic unit
Hi BP! My husband @Peter Graves and I are new RE investors. Yesterday we closed on our first property, a 2-flat with illegal attic unit in Irving Park … yayyy!!! We plan to househack.We are wondering whether it would ...
Codey Staples
M2M Tenant gave notice hasn't left
I acquired my first multi family property in July and it wasn't in bad shape just needed some minor things but the 2 tenants living in them weren't what you would call desirable and before sale i was able to get one o...
Jack B.
Statistical probability of being sued?
Anyone have a credible link to the statistics for major and non major landlord law suits?What is the probability of being sued for a major incident that could wipe you out or cause significant losses?What is the proba...