Joseph Cornwell
First Time Investor Financing?
Hello Everyone!This is my first post on BP and I am hoping to get a question answered or perhaps some advice on a potential scenario. My backstory to this scenario, being that I have some capital for a down payment on...
Dustin Lin
Beechview, Sharpsburg, Avalon/Bellevue of Pittsburgh
Hi everyone,I'm a new investor in Pittsburgh. Does anyone have any rental property in Beechview, Sharpsburg, Avalon/Bellevue area? I'm checking some multi-units in those areas, looks like I can get good cashflow. But ...
Corey Block
How much money to budget for repairs and capital expenses.
So, I have very recently discovered that I have made the grave error in not accounting for repairs and capital expenditures for my rental units. I have owned investment properties for going on 5 years, currently own ...
Brendan Wood
Newbie Investing in Central/Eastern Massachusetts or Out of state
Hello All,I am a young professional (24) in Boston working at a software company fulltime. As rents are high, but price to rent ratio is even higher (20-1 to 30-1 depending on the area) I am stuck with making a decisi...
David Kuhlke
Negotiation advice needed - Urgent! Property under contract!
Hello BP community, Need some advice on a property I have under contract. I discovered during the due diligence that here are 2 breaks in the sewer line. The cost is $7,500 to fix. However, the seller claims there is ...
Yan Yan
can I use tenant bussiness income as protection if they don't pay
Hi BPers,I have a potential tenant, no SSN (but has ITIN), credit score 653.I was told that without SSN, NTN background check will not return any useful information, is this true?He showed me the most recent 3 months'...
Jonathan R McLaughlin
End this phrase: Whoever came up with the term passive income...
I've always appreciated those who started discussion threads, especially the humorous ones, and with the holidays I actually have a little time. So, finish the phrase "Whoever came up with passive income..." as best y...
Michael Shawver
Difficult tenants looking for problems in Unit
I have a rental in NH that the tenants are continuing to claim that there is mold in, and that it is causing them health problems. I have had a mild expert come in and check the unit and has not found any evidence of ...
Mark Wurtemberg
Structuring a Partnership
I am thinking about going in on a deal that I found with a partner. Of course we would do a PA and cross "Ts" and dot "Is". Here are the terms:
I put 10% cash down Partner puts 10% downPartner obtains loan for balanc...
Ademir Zukic
Primary Residence Mortgage vs. Investment
As I have discovered, a Primary Residence mortgage is able to give you some of the lowest interest rates as compared to an Investment Property Mortgage. I assume much of this has to do with what the persons intention ...