Maricruz Romero
Looking for a contractor
Hi BP,
I am currently in search of a contractor for investments I plan to make in Philadelphia through the BRRR strategy. Although I haven't acquired my first property I would like to get aligned with a contractor to...
Bryan Mitchell
To Keep a Tenant of Not, That’s the Question
This tenant has been late 4-5 times this year. They moved-in 2018. This landlord wants to raise rent to be closer to market rents by another $50. Small increase to most but probably not this one. Keep or not? Why?
Justin Madison
Should I Invest in this Flip Opportunity?
Hello BP Community! I'm still fairly new and have a deal that I am considering. It is with a local flipper who is quite experienced. The deal is to lend him $200K for the duration of the project with the expected d...
John Barnes
Loan with low Income but lots of Assets
Hi Everyone,I'm trying to assist someone in obtaining a loan. The person in question:Owns primary residence (300K)Has +-300K in equitiesIncome of $35,000They took out a HELOC and used those funds to buy a 4plex for $1...
Yong Lai
bought a house but found the construction permit is missing
Hi all,I bought a house in Dec 2021. The house is a new build and close to Dallas downtown. Now I am trying to install solar panels on the roof and find out that the construction permit for the house wasn't completed....
Account Closed
Venting about Measure Y
I am the owner occupier of a triplex in Oakland. I would like to renovate one of my units, redoing the electrical (because it's painfully out of date), and redo the plumbing in that portion of the house before it beco...
Feng Ye
insurance cost for older investment houses?
Hello there,I am thinking of buying my first rental in Florida (either Orlando or Tampa), however I was warned by a friend who bought a few months ago and had to spend 3000$ on landlord insurance. He said that there a...
Willie Cedillo
Tulum Mexico Short-Term Rental
Hi BP!
I got into a pre-sale for a condo in Tulum, Mexico with the idea that I would Air BNB it and also go in visit through extended periods. I'm supposed to receive the keys this summer and they have been making gr...
Robert Steele
Gross income 3x rent too simplistic
I see this metric of gross income should be 3x or 4x rent and cannot see how this can possibly be useful other than a preliminary "should I even bother looking at this app".
I think a more useful metric would...
Felipe Lois Affini
Tax Auction in Texas
Hi everyone,I’m planning to participate in the next (March 6th) tax sale auction in Texas and I would like to have your thoughts about my strategy. I would also like to find anyone that would be planning to participat...