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Results (274)
Roger Doe Making Bank Happy
25 June 2013 | 3 replies

What do banks look for? Are there any loan officers/underwriters here that can chime in?

Here is what I know. I believe that loan officers make about 1% on loan amount. So, they are always looking for solid invest...

Stuart Udis Don't Fall For This Trap As A BRRRR Investor
14 May 2024 | 10 replies

I am hoping this post will help those interested in the BRRRR investment strategy avoid this common trap. From what I consistently observe, the ability to complete the BRRRR investment strategy and recapitalize onesel...

Leo B. Freezing Winters in the Midwest cities and Plumbing Concerns
5 May 2015 | 18 replies

In Midwest cities such as Indianapolis, Detroit, Milwaukee where there can be some really cold winters, is there a concern about the old plumbing system in the home?  I've heard of old pipes bursting and causing costl...

Yuvaraj Vimawala Home Insurance claims
12 March 2018 | 6 replies

Hi Fellow BPites,I recently ran into some bad luck and had two major plumbing repairs on two properties. Expenses were $2.5K and $5.5K (& counting) respectively. In both cases I had sewage backup into the home. Th...

Davin Kieff Renovated Duplex, First Investment
16 April 2022 | 4 replies

Investment Info:
Small multi-family (2-4 units) buy & hold investment.

Purchase price: $268,000

Cash invested: $16,800

This was my first investment. I was very nervous about jumping into a fir...

Account Closed Allow prospective tenant to host airbnb or not
1 December 2020 | 20 replies

I have a 5 BR/2 BA single family home that's RM-1 zoned. It's very hard to find single family that will occupy all 5 bedrooms. So would this be a good idea to give tenant flexibility to host airbnb on the unoccupied r...

Nick Rutkowski Helping Brother start a construction company
19 November 2019 | 9 replies

Hello construction people,My brother and his coworker are looking to ditch their fencing jobs and become an independent company. They're looking to start out fencing but could get into excavating and other jobs needed...

Paul Malandrinos Transfer newly acquired investment property into my existing LLC? Why or why not?
24 February 2024 | 9 replies

I have an existing LLC that was used for a couple of fix and flips in the past.  A week ago I closed on my first investment property.  It's a single-family condo purchased by me the individual with conventional financ...

Bob Anthes Life insurance thoughts
11 September 2019 | 7 replies

Here is a question for all buy and hold investors specifically. How do you feel about life insurance? Do you have large policies ($1M plus) or are your investment properties your form of life insurance if something h...

Charlie Moore What Qualifications are SET for people when applying for tenancy?
6 May 2019 | 6 replies

What are some GOOD pre qualifications to use? especially in the URBAN community? - Whats your application process?