Tom McNutt
Shelter Insurance Issues?
As a bit of background, I have owned a duplex in Georgia that I use for short-term rentals for about two years. When I purchased it, I got several quotes from insurance companies and ultimately went with State Farm. T...
Account Closed
Help: Acquisition Slump
I’ve been flipping/developing for 6 years in the Minneapolis area. However, I’m currently in the midst of the biggest acquisition slump of my career. I’ve always been diligent with my mailings, but in this (unsustai...
Todd Ashley
Concrete Block Seismic Retrofitting (West Coast)
Hi, I am looking at a 1950’s single story small multi-family building (four 1br apartments) located in Portland, Oregon. The building is made from concrete blocks. Is this a “run away as fast as you can” scenario? Hav...
Michael McDevitt
Why Do Applicants Lie About Income? Frustrated vent!
I know this comes with the territory, but it is frustrating! I had a very nice couple with a young daughter come look at my nicest rental home (4,300sq ft with $2,800 rent). They were a little young, but both were co...
Alicia Harrington
Should I wait to purchase my home or invest in a rental property
I'm at a cross road right now. My area is way to expensive for me to purchase a duplex for a house hack, so I was thinking of waiting and just invest in another area. Should I consider going ahead and just purchase ...
Carlos Villalta
phone numbers out of service, absentee owners.
hello BP family. So I've been cold calling absentee owners. most of the numbers are no longer in service or wrong number. nonetheless i've managed to find 2 Leeds so far. has anyone else ran into this problem? this i...
Tim McGarvey
FHA Loan in California when Exceeding Income Limit (Bay Area)
I'm running into a potential issue while researching FHA loan requirements for the "Down payment Assistance" program that allows a first-time home buyer to purchase at 3.5% down. With my current job, I'm slightly exce...
Chrissy Severance
Multi Family C property
36 units with 80% occupancy. Currently in the process of leasing the last two. Total Income: 241,178.83 Expense Total: 162,999.01 Net Income : 78,179.82 Looking to list at 1.7 or 1.8. Looking at the brief numb...
Cameron Grahm
Rent or Flip
My business partner and myself are looking at getting into the real estate market. We have experience in construction as he's a Lineman and myself manage construction. We have two questions. Is it better to buy and re...
Carlos Soto
Flipping homes in Albuquerque NM
Hello,
I’m new to Albuquerque, I just sold my home in Peoria, AZ and did very well on the sale of our home.
I’m now renting in Albuquerque and have decided to take the significant amount I made off my home sale and ...