Gabe Walters
Should I sell for a loss?
I'm looking for some advice on whether I should sell one of my properties. I currently have 3 short term rentals in the smokies. The last one I purchased was right at the peak in March of 2022 and when rates started...
Adrienne Bryson
Buying first investment property
Hello BP! I'm hoping to pick you guys' brains. This would be my first real foray into both renting and flipping.Background: Husband and I currently have a home. I'm working with a seller right now that I originally pl...
Nancy DeSocio
Application Fees - advice on how to process them
Hi All,I have my first showing tomorrow for a vacant apartment, and it's a group showing. My question is with regards to application fees. If I get a bunch of people who apply (fingers crossed!), I assume some might...
Kent R.
Wholesaling Lease Options
In reviewing how to wholesale a Lease Option, how do you get the Seller to not require an option fee from you?
You are asking the Buyer to provide you with at least a 3% Consideration Fee that you keep, yet you don...
Adam Juodis
What % of rent is a safe estimate for Vacancy/Capex/MGMT/repairs?
I was wondering, when analyzing a potential property to purchase, what % of rents do you account for to be vacancy, capital expenditures, property management, and repairs? I am starting to practice analyzing deals and...
Yuvaraj Vimawala
Need better Cashout refinance options
I am a local investor in Austin area and implement the BRRR strategy. I use conventional brokers in the area to find a cashout refinance option. I am really tired of spending thousands of dollars on appraisals, survey...
Becca F.
Long term tenant just renewed lease and asked if she could have a pet
I have a great tenant, going on Year 4 in a SFH in an Indianapolis suburb. I did a 6% rent increase ($90) for 2023-2024 and did a less than 2% increase ($30) this renewal 2024-2025. New rent is $1680. The increases a...
Zac Gresham
Tennant Background Check/ Application and Fee
I am buying a primary residence. Looking to attract some potential tenants for spare rooms. I will be managing, taking applications, etc. my self.1. What are you using to advertise the open rooms?2. How/ what systems ...
Patricia Ferreira
REFINACE PORTION OF BRRRR
We are trying to refinance our first BRRRR property our lenders advised us to keep the property under the LLC. Our attorney advised us to refinance into a consumer loan due to the fees being so high for a LLC. We wher...
Edwin Del Aguila
Hard money loans
I keep hearing that hard money loans are available and FREE (no up front costs), is this true? I have contacted about 5 HML lenders and havent heard anything from four of them and one that said he needed to talk to hi...