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Tenant texted me this morning that the central heat wasn't working. So, off I go, to spend a couple of hours checking it out. The ignitor looked weak, so I replaced it with a universal I keep on hand. No go. Dig...
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Hi,First I just want to mention that I think this is a great community! I really love all the advice I see here and I am pretty new to the forums so please take it easy on me ;-)My Story:I started originally renting ...
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I'm looking at a triplex with total rents of $1,602, two 2/1 and a 3/1. The two bedrooms are rented 200 below market each. The seller is willing to owner finance with a 20k down payment and 5 year note with balloon at...
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Hi there.
I have been working with the same portfolio lender for one year now. I have business loans on 8 sfr's.
I was wondering what other investor opinions are on using one lender or multiple ones? I have develope...
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I'm looking at a 4-plex listed at 190k that earns $2600 monthly rent (a little below market rates, but still enough to cash flow nicely - about $200/door). The property is in good shape with many recent rehabs - new ...
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If I'm understanding how the new tax laws affect RE investors, I'm surprised there's not more talk about this. It seems that unless you qualify as a "rental property" (currently or actively trying to rent), then no e...
I’m trying to figure out because I’m second guessing myself and over analyzing things. When it comes to the 1% rule do I run my numbers off the purchase price or what I own in the mortgage? For example. I purchase a p...
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Hello BP community,I have been in negotiations with an owner of some 2 adjacent lots within an opportunity zone area. I wanted to know since I have never done development of land; what do you as a developer look for ...
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I'm looking at properties in my area (Lancaster, PA aka Amish Country!) and found a neighborhood that I like. Someone said to me the other day that their ideal rental would NOT have central air and would be electric ...
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Hey everyone!So I'm not at the point to start investing in properties with my own money (not enough capital), but I was wondering how I could utilize my current skills (or learn new skills) to be able to potentially h...