The property is for sale and in the rent roll forward, all tenants rent is past due. How do you deal this, practically replacing all the tenants does not appear viable solution down the line with COVID eviction restri...
Hi everyone!Looking to get into my first BRRR within the next 6 months, I've been researching and educating myself about the process as much as possible and I'm starting to get comfortable with the process. I've been ...
Recently ran into a situation where a friend had asked for tax advise regarding his RE taxes on 15 rental properties that he owns. His question was: Should I get a line of credit in order to pay my RE taxes every year...
Hey BP!
I would like to put together a formal and professional email to send to my tenants as a point of guidance and support to them and also give show them resources they have regarding COVID19. I want to communica...
I have a tenant that has been in place for a year and a half. They have never missed a payment, but circumstances have changed in the past few months and I'm know that it's getting harder for them to pay rent. They ...
I'm selling my personal home which is a coop. I have buyer in hand where he is rock solid financially (putting like 75% cash down with good w2 income and basically no debt). The price is on the lower end of what I wan...
Purchased our first STR property in Feb 2020 using Athas Capital, 6.875% over 30 years. Price (appraised value) was $1.1mil, loan is $815k with a $40k prepayment for 2 years. We selected Athas due to our "traditional"...
I’m Jaren Smith, a 27 yr old father of 2. I work full time but I have a strong desire to get out of the rat race and develop financial stability and time for my family. I’m looking for direction into where or what I s...
Hey BP,My name is Chris, im 30 years old and just purchased my first home which is also my current residence. Ive always been interested in investing in real estate and now that I've moved into my own home my thirst ...
I have $2,500 saved and plan on saving more for a down payment my credit score is in the 700 but I work a part time job and I know lenders look at your income. So is it still possible for me to get a loan? What should...