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I have recently purchased a Multi-Family with tenants who rented under a lease while I was under contract. I reviewed the lease and agreed prior to purchase (lease signed by previous owner and tenants). When I viewe...
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Apartment complex down the road offers a discount for 15 month leases vs 12 months leases of about $10 per month savings. Is forcing people to stay an extra 3 months a good indicator they will likely live there longer...
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G'Day everyone,It's your favorite Aussie here lolI've been living in the US for 5+ years now and there is one thing that hasn't stopped happening.And that is regular folks always trying to screw me on price because of...
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New here so I apologize in advance for this novice question. I reside in WA State in a small waterfront community called Hansville. Purchased the home in 2018 and it was built in 76. The home is a rambler (2000SF) and...
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Hello everyone at BP! My fiancé and I are getting married in 2 years but plan on getting the house this year. We're planning on buying a duplex and getting a 15 year mortgage. The plan is to contribute towards the pri...
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I recently got a new job that is 86 miles from my current home. I've owned my home for 2 years now and thinking about renting it out and getting a new one closer to work. Including my house i am 700K in debt. I am a v...
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When using a BRRRR strategy or any real estate investing who typically pays for the variable expenses, such as gas, electricity, and water? Is there any other expenses the tenant covers that the owner does not?
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Hello all! I've just jumped into this neat little "real estate" pool with you guys and the waters great. But I don't know where to go from where I'm at now.So, here's the situation.$169,000 loan, first owner of a 2014...
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I have been sitting on the sidelines for quite sometime doing my research, but feel I am ready to take the plunge and purchase my first investment property. I am in the process of starting to look at properties and a...
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Let’s say for instance, I’m looking to buy a duplex that is $200k, I can either use a FHA loan 3.5% down or use a conventional loan with 20% down. Wouldn’t a FHA loan over the course of 1 year save me more money? In t...