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Hello BP,
I am working toward starting up my wholesaling business. I have read numerous articles that encourage getting a real estate salesperson license to avoid the legal grey area of wholesaling.
I have my licen...
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The house was a primary residence then a rental and back and forth. If I move back in and cash out refinance then rent out again and 1031 exchange the house, what is the effect on the 1031 exchange? I imagine I will h...
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Hello BP,I am listing my first house for rent. I am following the info in BP's guide to screening tenants, but I would like to know what experienced landlords do if you receive applications from multiple qualified ten...
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What is your opinion? Where would you look or how would you go about doing this? At the very least, we would need to know the differences in location, size, condition and amenities.
My business partner and I just closed on 16 rental units in Ohio. One of the buildings is in Lorain and on the first day a tenant in a four bedroom unit is leaving. How aggressive do I need to be to rent the apartment...
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I am attempting to do some market research. It was suggested to me to go to the Bureau of Labor and Statistics and do a search for "forecasted job growth". The results all seem to be based on occupations as opposed t...
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Hello Everyone!I just received an appraisal back on a cash out refinance loan.The amount is 10k less than I would like. The property is a Frame 4 unit building. It’s been remodeled and brought up to neighborhood stan...
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How do you handle receiving mail for multiple properties? Do you use a virtual mailbox or have everything from all properties ship to your primary home? What happens if you plan on buying and moving into a different p...
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Hi BP community!I have been playing around with the rental calculator, looking at numerous "deals" in the area. This one is on a triplex in a nice part of town that my wife and I would do a house-hack with. Looking at...
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I recently posted an ad on Zillow, Craigslist, and Facebook for my 3-bed, 2-bath SFR. I received numerous inquiries, 75% of which asked if I accepted Section 8. I am trying to learn more about the pros/cons of consi...