Hae-Yuan Chang
"Co-op" style home w/ curtain rooms to affect FHA loan?
Hello!I'm looking to buy the current home that I live in. It's a cooperative (made by the current owner ) which means it's technically a 3 bedroom turned into a 6 person living situation, with the huge master bedroom ...
Rodney Burayidi
2nd Deal: Tenant Moved Into 2 Bed/1Bath Unit in Backyard in ATL
The last time I posted was after recently purchasing a single-family home that has a 2 bedroom/1 bathroom guest house in the backyard. Today my tenant is moving into that 2 bedroom/1 bathroom guest house. Every time I...
Ursula B.
Question on Fannie Mae Counteroffer
Hoping anyone that has bought from Fannie Mae can help on this. Just got a counter from Fannie Mae, and we are $4K apart. They are $2K down from list price. Since there were multiple offers and I have a financing ...
Gareth Fisher
BRRR Strategy minimal cash flows
Long time lurker, first time poster.I have noticed with this BRRR model. That with many properties if I leave 10kish into a property. Many of the properties I have been analyzing will meet cash flow standards. Ho...
Jolu Talampas
New from Minot, North Dakota
Hello everyone, my name is Jolu Talampas from littletown Minot, in the great northern plains of North Dakota. I currently have an ailing mother and grandmother who I need to be financially responsible for. In addition...
Jeremy Chaser
Found a rental property I like, but utilities aren't separate.
Hi all,I'm curious what more seasoned investors might think about this unit. I've been trying to find a good rental property to invest in for a while now and finally found one that I generally like - it's a fourplex, ...
Joey Samudio
Turn key or BRRRR
I am looking at doing my first remote deal. I am considering BRRR as well as just purchasing a turn key property that cash flows. Any recommendations on how to proceed? If I go with the BRRR strategy would love to he...
James R.
Hot Tub? Good Idea?
Hello BP Community. We have a STR with a small back yard, not big enough for a pool, but big enough for a hot tub. Thinking of the phrase, "Keeping up with the Joneses", we are contemplating adding a hot tub, becaus...
Kristann Montague
New Landlord -- Repair Headaches Already
Hi all,
Forgive me but this is a rant. I'm a newbie RE Investor; I just closed on my first rental property (2 bed, 1 bath SFH) on 9/26. I was very fortunate to get a renter lined up before closing, and she moved in...
Marcin Ferenc
Contractor/Subs raising prices
What do you guys do when your contractors or subs up their prices per hour or per job for an exactly same type of work. Do you question them and try to get them back down, bite the bullet and pay if they do a good job...