Matthew Davis
Austin house hack without giving up too much privacy
My wife and I are looking to buy a primary residence in Austin, Texas (3/2 starter, ~1200-1500 sf). We'd like to house hack without giving up too much privacy (i.e., don't want to share our personal unit but okay with...
Ben McPhail
Creative ways to finance rehab
I am looking at buying a single family investment property in Fayetteville NC for $140,000. Estimated repairs are $25,000 with and After repair value of $180,000. If I want to keep more cash on hand should I get a t...
Archimedes Jao
Cash out refinance
We rehabbed an STR, bought it at 400K, and we believe a conservative new value is 450K. Would 360K, or 80% of the new value, be the “cash out”? We follow someone on Instagram who seems to give this simplified equation.
Jeff Plair
Increasing rent on inherited tenants
Morning BP,
So I recently purchased three properties that had current tenants in them. The Rents were way below market value with these tenants. What do you think is the best way to go about increasing the rent to ma...
John Thedford
What Might A Typical Pre-payment Penalty Be In SW Florida
Greetings fellow BP'ers...I have been doing some private lending (for some BP users as well as others) for some time now. My general parameters are 12%, 4 points origination fee (rolled into the note), for one year wi...
Inga Davis
Rent premium for 6 months lease via 1 year lease
Hello,I was approached by a temporary housing company. My property is currently listed for rent at $1700/month as a long term rental (1 year lease) in Columbus Ohio (43219). The housing company is looking for a 6 mont...
Gustavo Delgado
why should we still invest in real estate?
Why should we still invest in real estate? Are there no better options, like a REIT's, Stocks, Bitcoin, or other things? Finding good cash flowing deals are damn near impossible. Prices are through the roof, Insurance...
Derrick Webb
First Time Homebuyer - Creative Financing Techniques sub 620 credit score
Does anyone have any suggestions on how to purchase a home (1st time homebuyer) using any creative financing techniques or special programs. I am currently getting my credit score as well as my wife's credit score up...
Andrew Clark
Limiting Stove And Oven Use - Tenants using it to heat house
I have a handful of rooming houses with a very interesting clientele. Now that it is getting colder, tenants have started using the stove top and ovens to heat the house.
I've had more than one $400+ bill (with only...
Josh Norris
$10K Really?
Hey All,Just wanted to get some thoughts on what my architect is charging for the design and management of a major remodel. The house is down to the studs and I have been working with an architect that came highly re...