Mike A.
Advice requested - options primary and rental
All, looking for some advice on what to do
Primary - 725K at 2.875%- 30 years -70% LTV
Rental - 215K at 2.5% - 14 years left - 35% LTV
With the state of affairs, it is basically no cash flow on rental with all exp...
Danny Harper Jr
am I crazy for wanting to keep this property?
its a duplex. I own it outright. it may need about 60-70K worth of work over time.
the current value is "40K" according to realtors because its a fixer upper. but its livable! and functional. even (at times), comfort...
Tim Coppola
Is it worth keeping refinancing in mind when remodeling?
Does going "bigger" when remodeling a rental unit make much of a difference if you plan on refinancing? Is it worth it to spend an extra $7-10k above your budget now to get hardwood floors throughout instead of using ...
Tyson Scheutze
Early Days of Auben Realty
Improving Augusta one home at a time…
In the fall of 2009, Auben Realty was officially in business. A handful of homes I owned (which I couldn’t sell) and some early-mover, non-local investor-acquired homes rounded o...
Elex Price
Worst house in great area or best house in not so great area?
Hello BP Fam,I was having a discussion with a coworker that's is currently looking to purchase 1st home. I made the recommendation to buy the worst house in a good area, live in it and fix up. I made that recommendati...
Albert Johnson
How deeply do you look at credit risk?
Hi, I have an upcoming unit that will be available. My current tenant is saying her son wants to rent one of my units to be closer with their kids. The current tenant says their son's credit score is really low becaus...
Ted Klein
Tenant Requested Improvements
I have an elderly tenant that has requested to have a walk in 4 piece shower kit installed and is willing to pay for the improvements. The unit has just had a remodel and is in new condition so it is just a matter of ...
Ryan Gettelfinger
What's the best method to remove a disruptive neighbor?
Hello BP community. I'm looking for wisdom or advice on how to remove a tenant with limited damage to the property and return on investment. To give a little back ground the apartment is part of a duplex that I curren...
Keith Belzner
How quickly can I resell an un-rehabbed house in Maryland?
Hi BP, My question is how soon after purchasing a property can I turn around and resell it through a Realtor without doing any improvements, specifically in Maryland? I have been searching for the answer online but u...
Jared Baker
Doing Handyman type work on the side/Finding Work
Hello BP Community!I've took a peruse through the search function and didn't really find anything applicable to what I'm trying to figure out. I did determine there seems to be a need for Handymen however.I have a fu...