Sung Yu
To hold or sell (4-plex) 1.5yr ownership
Hello BP family, I currently own a fourplex in Lacey, Washington and I am looking for advice on whether to hold or sell. Here's a breakdown that may help paint the picture, thanks in advance! Short term goals: Accumul...
Chris Reichenbach
Condo Renting & How To Navigate HOA fees
Any investors in the Charlotte area or bigger city areas that own and rent condos.Is there any way to structure a lease that has a set rent amount but the tenants pay the HOA fees so that if the fee were to change or ...
Account Closed
Introducing Myself as New Landlord / Conditions Report
First, the question then a little background.
-Do you sit down with existing tenants after acquiring a property or just send them a letter introducing yourself? If you send a letter how do you perform a mutua...
Gina Ruff
Raising Rentt
Are your raising your rent on your tenants this year? What percentages do you use or what other factors drive your rent increases?
Brandon Morgan
Owning rentals. condo vs. Single family cash flow.
Hi all, my plan is to own rentals long term and receive cash flow. does it matter if I go for a single family or Condo? assuming the condo unit lets me rent it out. my plan is to live in the condo/ SFR for a year and ...
Brendan Carlson
Would you do this deal with the known future CapEx?
I have been analyzing an out of state property (640 sqft SFH 2 bed/1 bath) and am contemplating whether it would be a good deal. Here are the numbers:Anticipated Sale Price: $44,000
Down Payment: $8800
Closing Costs...
Megan Barrett
Can we ask existing tenants to sign a new rental agreement?
My Mother owns a single-unit home in East LA, in a desirable neighborhood, that she inherited 8 years ago. It's been a rental property since her father owned it, and the current tenants are a family that has occupied ...
Christine D.
HERTSMI-2 and mold testing prospective deals
Is anyone doing mold testing before purchasing a property? Specifically the HERTSMI-2 test? I have significant concerns about mold biotoxins and health. Lawsuits related to mold are increasing as are jury awards. ...
Nick Bowie
HELOC Guidance for First Time Investors
Hello,I’m up in the Greater Portland, Maine area and just learning about the possibilities of REI for growing wealth and how investors look at the market while following key formulations. Makes a lot of sense, and tha...
Seth Benevento
Investment to pay for son's college
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $202,000
Cash invested: $45,000
3/2 home that has 15 year loan and planned this out to be fully paid when my son go...