Gregory Hall
Bathroom Fans in duplex
I recently purchased a duplex that does not have fans installed in the bathrooms, creating an issue with mold appearing. I was curious as to if any one has any fan/brand suggestions for good long term solution?
This ...
Jon Klaus
The US home ownership rate continues to decline
Home ownership at a 19 year low.
Of course home ownership rates declined during the mortgage/foreclosure crisis, but they are still dropping now in the housing recovery. Below 65% now. Down from nearly 70%. ...
Davit Gharibyan
Refinance and transfer ownership
Hi, my parents purchased a house for flip but it did not go according to the plan. The house has been on the market for 6 months now and has not sold. They do not want to go through renting the property. I am wonderin...
Mark S.
Bank Account System for Turnkey Properties
If you're buying turnkey rental property in your own name (which will be managed by the TK property management arm), how do you structure your bank accounts?
In other words, since I'm assuming the TK property managem...
Greg Cooksey
Ready to buy first property - what to do first
Hey there BP! My wife and I have been very distracted with work and life, but we finally decided it's time to make time for REI. We are tired of renting, and tired of making excuses for why we haven't bought our first...
Andrew Broadbent
Infinite cash on cash, but 3% cap rate
So I am interested in getting a multi unit property with my VA loan and renting the units I am not living in.
I am able to find such properties that will cash flow once I move out and offset my costs before hand. Eas...
John Samuelson
Looking for lender w/ out 6 mo cash out seasoning in St. Louis
Thinking about trying out my first BRRR in St. Louis after purchasing some multi family with standard conventional loans to try and make my capital go a further. I've talked to a few local banks and a regional one abo...
Justin Schaefer
Determining ARV of an apartment building w/out comps
Hi everyone, newbie here. So I'm working on a commercial multifamily building in a really hot market in SE Wisconsin right now. It needs work in order to fetch full market rent, and I'm wrapping it for a great price...
Account Closed
Is my mortgage illegal? What can I do?
I was given a 1st and 2nd position mortgage by 2 "private lenders" who were individuals on my owner occupied property.They did no credit check or income check and just gave me the money to buy an owner occupied proper...
Brandon Boyer
First Property purchase
I recently purchased my first property in the form of a 3 bedroom 1.5 bath 1500 sq foot single story with a slab foundation. The property has a 1.5 car garage and .3 acre yard.My goal with the property is to live in i...