Kurt F.
Primary residence, 100% equity -- now what?
Need some good advice. I have a 150K home that we paid off. I also have a duplex that is nearly remodeled and is worth about 110K with a 50K mortgage.
I have no desire to mess with the duplex situation just yet -- ...
Dane Peterson
Help,Setting "Qualification Standards" For Prospective Tenants...
Morning BP, Been reading @Brandon Turner book "Managing Rental Properties" because Friday we'll be closing on our very FIRST RENTAL property (very excited to reach this goal of 2016)!My duplex is in one of the lower i...
Ricardo G.
How to structure a owner finance house contract
I have a house that I put up for sale by owner, I was approached by an agent telling me he has a client looking to buy my house with 25k cash and I would have to owner finance the remainder for the next 6 years until...
Kevin Huang
Would you accept this tenant?
A gentleman called, and asked if he could rent my townhouse over the phone.Said that his employer would pay for the rent, and the monthly rent would be directly deposited into my bank account.Also said that he'd like ...
Jieh Larson
Best Places for a Cash Out Refi
Hi everybody! I'm looking for recommendations in the Houston area for banks/credit unions for a cash out refi. Two weeks ago I closed on a duplex and paid cash using funds I borrowed from whole life policies. Now I'm ...
Vincent Dang
Short Lease in Good Location vs. Long Lease in Bad Location?
Hi all,I've been searching for NNN deals and having hard time to analyze which one is a better deal. Most of the times, it comes down to 2 types of properties like below.Property A:- Low cap in the range of 4% - 5%- ...
Nate Ollie
Help! Dilemma on my first property
Hey guys,I'm looking for a little guidance on how to approach my first deal...The property is my part of town, so I'm pretty familiar with the area. The property is listed for $35,000 but considering the work that ne...
Alex Bedell
Property Management Software
As of October 3rd, 2021, what property management software would you recommend? We used cozy for a while, and loved it.... Until it became Apartments.com. Wouldn't recommend. The application part, at least for us, jus...
Steven C. Suarez
Pros and cons of Owner finance & Subject 2?
Hi BPers! Could someone help explain to me the pros and cons of owner finance and subject 2? I hear the podcasts say it's a great way to buy a house. So for example, if I find a for sale by owner house, should I reque...
Account Closed
What are some options for someone with no income but a lot of cash to get a loan?
I'm currently in college and have around 400k to 500k in cash but no income. I am confident that i want to invest in real estate full-time starting this year. However, many have pointed out that getting a conventional...