Kent Kettell
Advantages and Risks of Leverage
What are the risks of using leverage in real estate investing? Are there any advantages to it as a borrower/lender?
Michelle Elsaid
Tenant Issues - HELP
Rental property leased after purchased, had been vacant for over a year, and had some issues starting out. Water heater breaker was off (took us a day to figure this out), and a lot of small things around the house ha...
Jonathan Dickerson
Seller Financing Deal Structure
An investor friend offered me first crack at buying his paid-for 5bd/3ba SFH that appraises for $500k and is currently rented for $3k/month on a 12-month lease. Expenses HOA - $125/month,TAXES - $222/month, INSURANCE ...
Mike Flora
Closing fee's
Anyone know what kind of fees would be added to closing costs if you have a seller who is behind on his mortgage payments?? EXAMPLE: 100K left on the loan-monthly payments $1000- 3 months behind on payments- got him u...
Steve Christensen
Structuring Lease-Option Contract for Commercial Auto/Body Shop?
Hello BP community!I have been in R.E. since 2009, but commercial is out of my realm. My family's auto body shop closed down roughly 1.5 years ago. We've been trying to sell on our own the last 6 months. We have a Lea...
Justin Hales
Two educators looking into real estate investing
Good morning everyone!
I just wanted to take sometime and ask a couple of questions about getting started in the real estate space. My wife and I are both currently public school educators and I also happen to be a c...
Phil Shelton
When should I start the eviction process for a tenant with consistent late payments?
I have a tenant who pays half of the rent at the beginning of the month and then the other half at the end of the month, without a valid excuse or reason. I have allowed them to do this for the past six months, and I ...
Chris Gordon
Investing or buying cashflow?
Want to get the more experienced folks' opinion on something I'm thinking about....It's easy to increase cashflow with a greater downpayment / less leverage. However, is that really investing or something akin to buyi...
Brad Swearingen
Best time of month to close on mortgage?
Is there a best time of the month to close on a mortgage and why? Is the beginning, middle or end of month the best or does it just not matter? Thanks!Brad in Wake Forest, NC
Carol Smith
cost segregation rental real estate
We renovated and used a home as our primary residence for a number of years before converting it to a rental. We have detailed receipts and spreadsheets summarizing the cost of the improvements that were made. I bel...