Ciarraghe G.
Need urgent advice, Lease/sublease crisis
Need some urgent advice, today if possible. Our tenant's lease ends on 3/31, it is paid up through the end of the month. The new tenant's had a lease that was to begin on 4/1. The new tenant contacted the original ten...
Devang Patel
Tenant not paying gas
My New Jersey lease strictly states the tenant would be responsible for paying the gas. They have not paid the gas bill for months and I am wondering if this can be grounds for eviction. They are however paying the ...
Andy Bauman
Vacant land buy and sell on terms in Barrington, NH
Investment Info:
Other other investment.
Purchase price: $2,500
Cash invested: $2,800
Sale price: $24,000
Picked up 2 properties side by side for $2,500, did a self closing. Sold both of them fo...
Matthew Harding
Software for investor WITH a PM
Hi all - first time investor, closing on my first duplex next week. I am curious what folks suggest I use for bookkeeping. I will have a Property Manager (long distance investment), but still want to maintain my own...
Robert Dobbins
Question regarding refi
Sorry if this is in the wrong location - I am trying to set myself up financially with your feedback on my current options. I currently own a home with a value of 170k - currently owe around $125k. I am 3.5 years into...
Steven Coppola
Having negative cash flow to pay off mortgage faster
Hey BP! I always here of having a negative cash flow is bad. But I have an example for you.
What if you buy a single family home when the market crashes for $120,000. You put 20% down. Your mortgage interest is 5% a...
Meghan Custer
How to value current home as potential first investment property?
Hi BP Fam!Our primary residence is valued today at about $215,000. We're 8 years into a 30 year mortgage with $95,000 left at 3.875%. I'm new to investing and still in the learning stages.We are in the early stages of...
Dexter De Mesa
Michigan and Indiana market
With margins so compressed in California, I was wondering about other out of state markets. I've had conversations with people who's invested in Indiana and Michigan, and they've shared some pretty impressive cash on...
Adam Smith
Upside down in rental, what to do?
My Brother-In-Law bought a condo in Sacramento about 6 years ago when the home prices there were still very high. He initially had a good investment going for him, but now things have radically changed.
He owes $105...
David Zheng
Do Banks look at the downpayment or LTV on your other properties?
Hey All!Just a quick question. When applying for a new loan, do mortgage lenders or banks look at the LTV or how much you forked over as a downpayment on your other rentals/primary or do they just care about Monthly p...