Clay Manship
What To Do with These Tenants?
Here is what is going on:I purchased a 4-plex on September 11, 2014. 2 of the 4 units came occupied, so I inherited two different families as tenants.I am utilizing FHA 203k financing on this property, so I would idea...
Bob Ross
Is it a bad time to buy a home now?
I was just listening to a financial radio talk show and they said home buyers in this market (I’m in Boston) should be aware that they are buying at potentially the edge of a bubble and if they buy now should not plan...
Pranav Chunduru
What is the value of buying older houses to House Hack?
I heard that it is better "dollar-for-dollar" value to buy older houses when looking to House Hack. I don't get this. The phrase "dollar for dollar" is a little confusing, and I don't know why one would prefer an olde...
Bob Asad
How do you prevent co-mingling of funds?
If I have 2 rental properties and charging 1st, last, and security; can I take the last and security for both places (combined) and put them into a Bank of America savings account?In other words, I already have a chec...
David Dachtera
Fully Developed Lots, Build New Homes?
Hi, Folks,In searching Zillow yesterday, I came up with some lots in an unfinished subdivision. I drove out there last evening and yes, the utilities are in and the lots are fully developed - paved streets, street lig...
Eric Ingersoll
Should I sell or should I hold?
A few years ago, I bought a single family home in Parker, Colorado. I bought it as a foreclosure and have rented it out for a few years. Since I bought it, it has appreciated significantly and now worth around 500k. I...
Marisa R.
Buy and Hold or Flip???
Hi AllWould like to share this with fellow BP members.This is a property I just purchased, this will be a buy and hold and look at perhaps flipping next year in spring time.https://www.realtor.com/realestateandhomes-d...
Rick Golden
Need advice on first deal. May be too good to pass up.
I currently have a deal that may be too good to pass up. I’m new to REI and am just learning how to get started. I don’t have much money saved up, but here’s the deal. My dad has my childhood home that he has been pay...
Account Closed
Prospective tenant conceals emotional support animal
Hi All: I am a new landlord in Alameda, CA. One of my units in a duplex, we had a couple come in, and tell us: "we know your ad said one small pet is negotiable, but we have one dog that is 50-65 lbs. Would you still ...
Carlos Rovira
Turnovers and Late Paying Tenants
I am being presented with quite the dilemma and I'd like to poll the BP community to decide what I'm going to do:I currently have a tenant in one of my smaller units that consistently pays late. There has not been one...