Amit Friedlander
Investing in Pittsburgh
Hi BP Members,I'm looking into Pittsburgh to start building a portfolio of rental properties.I see that the city is very spread out and built of lots of neighborhoods.I was wondering where you guys are investing at th...
Michael O'Connell
Should I use big banks like chase or small local banks???
My plan is to purchase a small multi family(duplex/triplex/4-plex) and house hack with an FHA loan for my first property this year. I currently use Chase for my personal banking, before I get pre approved for a loan o...
Bill B.
What to do.....
Hi,
I'm new. I own no property now. We live in SoCal. My wife and I have 100,000 in IRA accounts. I've identified an area that has a lot of activity, low prices that are being aggressively cut. Prices range fro...
Bennett Smoot
Refinance from 15 to 30 year
I know people often refinance from a 30 year to a 15 if they can get a competitive rate that does not dramatically increase the monthly payment. I am looking at doing the opposite. I bought a property (my first) with...
Kishore Babu
Pet liability insurance & pet screening criteria
Hi, We are planning to rent our rental property for a tenant with pets (small dogs). We're doing it for the first time and got the details about the restricted dog breeds from our home insurance agent. Can you pls hel...
Ryan L Grinstead
USDA or FHA? Do not know the terms for USDA
I was pre-approved for a FHA loan up to 160,000 by a local bank. The loan officer said they could switch it to USDA if I want to but I am not familiar with it and how it would limit my buying options. For reference I ...
Adam Bearup
Where to invest cap ex, repairs, vacancy reserves?
Hello BP community,
I'm interested to learn what most investors do with the portion of rental income commonly set aside for cap ex, repair, and vacancy costs.
Does it go straight to the bank? Invested in CD's or a ...
Lamont B.
How do rent properties to vets?
Afternoon BP community, a relative mentioned renting to vets but the relative does not know the process. I just signed a contract to purchase a house in a nice community in Baltimore ( Edmondson Heights for those tha...
Gorden McLaughlin
Investing & Purpose
Good afternoon,
I am reaching out to the community in hopes to connect with some great people. I originally got into this business because I wanted to earn a living - independent of the corporate environ...
Frederick Sutton
Laws Affecting Property Owners: California, Los Angeles 1/1/16
2015 Laws Affecting Property OwnersThe following bills were signed into law and will took effect on January 1, 2016. All of these measures are likely to have some impact on property owners. This document is intended ...