Account Closed
Self-Manage Four-Plex 3 hours away - dumb idea?
I'm under contract for a four-plex that is 3 hours away from me. Tenants are long term Section 8. I have a very flexible work schedule and can be on site for inspections and check ins in short notice. I have a Section...
Tony Castronovo
Tenant Considerations
What financial qualifications do you consider when evaluating a tenant? Minimum credit score? Income multiplier (compared to monthly rent)? Debt:Income ratio? Other?
Joaquin Moreyra
No Property Walkthrough
Hello!
The seller will not do a property walk through until we are under contract as he doesn't want to spook the tenants. He is saying that he doesn't want to have numerous people who are interested going through th...
Michael Morisseau
Newbie from Philadelphia
Hello BP!!I am new to real estate investing and I was told BP was the 1st stop I should make if I want to build a network and learn from others. I am currently a banker and I have worked in finance for 5 years. My g...
Lucky B.
how do you find out if all cash was paid on a property ?
i am looking to invest in a property and i wanted to know if there is a way to see a disclosure report for example from the county or state. i can get an idea if i see no mortgage recorded, but what about the actual t...
Amir Navabpour
How often do you refinish decks?
I’ve heard that for non covered every 4-5 years and for covered 6-7. That sound right? Curious what others due in terms of frequency of checking decks for loose nails, damaged plans etc as well.
Nick Vought
Buying second multi-family property strategy
I am trying to get some strategy ideas for my second property, I thought I had a solid plan but it seems now its not so full proof..I bought my first property a four-plex in March, and I am trying to figure out my nex...
Scott Passman
Insurance underwriting review
I just received a notification from my rental property insurance that an underwriting review was performed and listed several items "suggested" to address. If I don't certify that I have corrected all of the stated it...
Chris Burton
FTHB - Buy & Hold
Investment Info:
Townhouse buy & hold investment.
Purchase price: $187,000
Cash invested: $15,000
Sale price: $259,000
I got tired of moving place to place and worrying about finding roommate...
Nicole Heasley Beitenman
I need a new car but don't want more debt. What should I do?
Hi BP! My 2013 Jeep Compass has a dying transmission; I bought it used in 2015. I've seen multiple mechanics/transmission specialists; it's got a CVT transmission which are seeing tons of issues around the 6-year mark...