Steve DellaPelle
Renting to my Handyman...Good or Bad Idea?
Hello,My handyman is selling his house and will need to start renting for the time being. He offered to rent one of my apartments for a good price for him and his wife. He does a lot of work for me and is currently u...
Dale Osborn
Different Levels Of Investors
As investors you have to decide at what level you are and make adjustments to get to where you want to be. Following are different levels of investors I read in a book by Robert Kiyosaki:
1. Zero financial level.
2....
Account Closed
Access to New Funding
Hey everyone,I have access to a $25,000 loan at 2.99% interest that I do not have to begin repaying for 18 months and it must be repaid in five years once payments start. I have two friends with the same circumstance....
S Harper
Looking for a form to move tenants out temporarily - mold
I have a tenant who heard "the toilet running" for "over a week, I guess" - but it turned out to be a big hot water leak spraying the subfloor under the bathroom in an enclosed crawlspace. So there is mold. Lots of ...
Joshua Feit
What am I missing?
Hello BP!I am interested in purchasing a single family rental. (I already have five rental units, so I'm not completely new -- but yes, pretty new!)The house I want to buy is a 3/2 on-market and I can get it for $65K....
Jack B.
Four unit vs five unit+ (multifamily, commercial vs. residential)
I've seen a video on youtube froom "Commercial Property Advisors" saying that it is actually better to buy a 5+ until as opposed to a 4 unit building because then the loan is commercial and the property cash flows fac...
Mike Schorah
Do people only use seller financing when it’s a buyer’s market?
I’d like to approach landlords to see if they want to sell me their property in exchange for a $10000 down payment, $5000 of which is used for closing costs, and $5000 of which is paid for with seller credits. This wo...
Andrew Perkins
1031 Exchange LTR to STR
Hello! We are considering 1031 exchanging one of our long-term single-family rentals here in Kansas City for a short-term rental condo in Myrtle Beach. I'm nervous though about getting rid of our cash flowing long t...
Ben Barr
First RE Investment - Oregon or OOS?
Hello BP Community,
I've been lurking through some of the threads on here and this is my first post. I'm looking for advice on my first real estate investment. My goal is to invest in a SFR or small multifamily for c...
Rachel Miller
Tenant Early Terminated Lease Without Permisson
Hello, I have a tenant that wants to terminate his lease earlier. He sent me a 31 days notice already to see if I accept his early termination lease without paying penalties and he said if we didn't accept he would st...