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Hello BP! I just closed on my first buy and hold property and wanted to share my success with everyone! I never would have been able to do it without the help of the BP community!I actually considered getting into REI...
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Hello Everyone,This is my first time posting here and was hoping to get some assistance in reviewing the loan terms I've received from a local bank. Are they good? Are they pretty standard? This is my first time se...
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Hi! I closed on my Duplex in the Spring and had a tenant move in over the summer. I'm a first-time property owner and landlord and I'm not sure the best way to handle this issue. Rent is due on the first and is late o...
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For the benefit of simplifying matters, lets address the issue on the basis of an average close of $200k per property deal.Between agents fees and buyers closing costs (around $4k) and other stuff tacked on the the cl...
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I was contacted to help manage a STR in my market which is Midwest WI as I already own and manage 3 of my own STRs and am doing well with them. Their property has a TON of potential and I can envision it being a great...
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When comparing sell or hold options, what formulas are most helpful? What is the ratio that drives you to decide one way or the other? I have a bit of equity on a property with very low debt, and it looks like prices ...
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Hello everyone, I just received a letter from my HOA titled, "Notice of Proposed Rule Change" that they are looking to put a new rule next month that doesn't allow STR's. Before launching, I checked all the rules and ...
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I posted this last week under the Tax, Legal Issues, etc. forum category and not a single response. I'm not sure if it's such a complicated situation that no one has any advice, or if I simply had the wrong category....
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Hi! I am planning on doing cash out refis on 2 properties I own in Cleveland. Both were purchased around 5 years ago for cash & have both cash flowed & appreciated more I had anticipated. My estimated cash flo...