Yosef Lee
100% cashout - Bought for $1.725M -1> Appraisal: $3.4M in 1.5 yr
100% CASH-OUT REFI FESTIVITY👇Purchase price: $1.725M -->> Lender appraisal came to be $3.4M in 1.5 years!!!!!! 🤯🚀👆Friends! I’m sharing a great news! Last month (4/28/22) we closed cash-out refinance for our 44...
Shane Montgomery
High Crime Rate City and Triple Net Retail
Does anyone have any experience with a high crime rate area (70% above national average), and NNN retail commercial property? Would like to know what experiences you had to put up with, and if the investment was wort...
Lukas Anderson
Bit of a pickle, need a CPA
Hey All,
My wife and I have gotten ourselves into a bit of a pickle. We bought and renovated a duplex in Tacoma, WA in 2020 before getting married in early 2021. Between the wedding and a variety of other excuses we ...
Michael Coco
Rental without Rehab
Hi everyone, I'm looking into investing in my first property and interested in holding long term for rental. I was wondering if others have found rental properties that don't need rehab. I looked at a property the oth...
Ken Hipp
Partnership agreements
@Jon Holdman, would you recommend some type of "Partner Agreement"? is there something out there...general contract form a lay person could write up and have hold up in court? ps love this site!
Mike Montanye
Here’s another rookie question…the 1% rule…
Does the 1% rule get calculated from a home’s pre-rehab price or should it be 1% of the total (purchase price + rehab costs)?Ex. 1. I buy a house for $60k. Rent would be $800. That works.Ex. 2. I buy a house for $75k ...
Christopher Morris
Next Steps on my Portfolio
Hello BP! After being fully “leased up” on my first multifamily property, I’m thinking about my next one. There’s two strategies that are running through my head. First: buy another multifamily property and FHA (or 5%...
Eva Mackowski
Buying property out of state
Good Morning Everyone,I live in Texas and am looking at moutain cabins in North Carolina & South Carolina, mainly as a vacation type property, but also turning it into a VRBO. I've looked at the areas I'm interes...
Dillon Loomis
Bookkeeping / Accounting For DIY Landlord
Hey gang, I know there are plenty of threads on this topic throughout the site, but I'd like some advice/guidance specific to my situation here. I will be buying my first rental (duplex/triplex) spring '17. I plan to ...
Ian Love
Next Move
I purchased a large bank owned 3,500 sq ft home in North Seattle in Sept of 2011 for $260K. The home has a mother in law unit which I have been renting for the last 2 years for $1,000 a month and was able to refinance...