James Loisou
Has anyone come up with an innovative strategy to take advantage of the FEMA flood zones?
After reading a number of articles and forum pots, it is quite evident that the new FEMA flood zone insurance requirements are adversely affecting a lot of home owners. It is amazing to think that property owners in f...
Ryan Moore
Renting mobile homes?
Hey guys, I'm new and trying to figure out the best way to get started in the REI game. I was just reading Lonnie Sruggs' book, the part that deals with the SAFE Act. From what I can tell, the SAFE Act/Dodd-Frank appl...
Stephanie Birkhimer
Questions for the bank
My boyfriend and I are going to the bank on Saturday to ask about financing options. We are planning to go about this individually because we have drastically different finances (income, debt, other expenses). In gene...
Michael Craig
Mom and Pop Property Manager
Hey BP,I am very close to closing on a duplex which is about 3 blocks from my 3 family home (my current residence). I will be moving into the duplex once I close and I will rent out the unit I currently live in - leav...
Rob Krach
Commercial (Multi-Family) Financing Pain Point
As this specifically relates to my job I have some questions and hoping for any insight from those who have gotten or applied for commercial financing with a bank for an apartment building with 5 units and above:What ...
Trey Watson
Agents working with wholesalers- Denver
Are there any wholesalers having success in this market dealing with agents or vice versa are there any agents having success working with wholesalers?Pro's? Con's?I had a pretty active and well known agent tell me to...
Zachary Stein
Rental requirements up front
Hello! My fiance and I just purchased our first property and look forward to renting it out in the near future. I wanted to get some insight on a few things. 1. Is it unusual/excessive to require first, last and depos...
Travis Schmidt
Tenants refusing to pay for damages found during move out inspection.
My previous tenants piled up a significant work list of repairs following out move out inspection. The cost of the repairs the tenants are responsible for is an additional $4,526 after taking thier full security depo...
Cory Smith
How to Structure a Home Purchase with Two Couples Buying
My brother and I and our wives are considering buying a house together in the Tempe, AZ area. My wife and I would be living there seasonally, and my brother and his wife would be living there year-round. It will be th...
Rodney Sums
Don't believe your property manager when they say...
"Everything looks great"If you're new to being a landlord and use property managers, even out of town, I share this story to encourage you to ALWAYS do your own move out inspection.One of my PMs recently told me they ...