Trailson Moore
Removing tile to install laminate
Hello all, We are closing on a house on Monday and really want to replace the current tile, potentially with laminate. The reason being is most of the tile needs to be re-grouted and some large sections of tile are no...
Kristi Bass
STR Permit denied after chg of ordinance??
I'm somewhat baffled! I bought a property & decided it was perfect for a STR. At the time, no ordinance was in place that prohibited my doing so. I set up VRBO acct & started renting it VERY successfully. City...
Rami Khaldi
Private Money Lending Terms
Hey there,I'm interested in utilizing private money lending for financing while I save up to use my own capital along with Hard Money Lending. Im curious about how the successful private money lenders have established...
Charlie MacPherson
New Massachusetts Law on Short Term Rentals
Got this from my broker yesterday. It describes the new laws Governor Baker signed into law regarding short term rentals:Today Governor Baker signed into law a bill regulating and taxing short-term rentals. The timel...
Nate Morris
In Laws Transfer, North Lake Tahoe, Ca. “Deal or No Deal”
My in-laws are offering to deed transfer their North Lake Tahoe vacation rental house to us with some good terms attached. They are tired of managing the rental, have plenty for retirement, and ready to move on.
They...
Pat Jackson
Debating telling guests they're not welcome back
On the fence on this one. We had some guests stay 8 days through VRBO (more business through Airbnb, doesn't really matter I guess).We talked on the phone and texted quite a bit prior to their visit. Not problematic...
Arnie Guida
Flooring Options
Our standard routine between tenants was repairs, paint, flooring.
The last time I had an empty, my flooring guy made an odd comment to me. He said, "You're one of the last owners that puts carpeting in." That got m...
Alexander Scher
Underwriting MTR for DSCR Loan
I'm interested in getting into the MTR space, and I want to use a DSCR loan to finance the rental. What're some tips for underwriting a MTR (or even STR) if you've never owned one? It's easy to estimate rental income ...
Cheyenne Bolin
New Flippin’ Investor
Hey Guys! I’m Cheyenne, my husband and I are just starting out on this real estate journey in the Detroit area and the plan is to begin with single family fix and flip (or use the BRRRR method starting with single fam...
Michael Fortier
Two college kids, one with full year up front
Hello BPI just closed on my first SFR rental house less than a week ago. I put an ad on the popular rental sites 2 days before closing and got flooded with applicants before I could even show it. Yesterday we were clo...