Sean Salandy
Will using HELOC lower my credit score?
I am planning to use my HELOC to purchase a property. The plan is to then refinance the property once the seasoning period is over and then pay off the balance of the HELOC and do the process over again. My question i...
Nick Jensen
Living with tenants and dealing with utilities
So my wife and I came up with this kooky idea to build a cottage in the backyard in which we'd live so we can rent out our main house. The main house is 2br/1ba 970sqft. The cottage is 250sqft.
We're not quit...
Account Closed
Vacancy and your bottom line
Many take the time to analyze a deal before purchasing, but I actually find few out there that really understand the factors that effect their real estate business.
Not sure if many here would feel it is worthwhile, ...
Steven Maduro
letting a tenant bring in a room mate. should I charge more?
I have a new tenant pretty rock solid guy
He moved in by himself he mentioned his girls would visit
but now he wants them moved in permanently
and he also wants his cousin to live at the place
He asked me what ...
Chukwudi Motanya
If you wanted to achieve $2,000 a month in passive in 7 years, how would you go about it?
Hey again BP fam. I just calculated that for me to be able to cover my basic needs, ill need to make 2000 a month in passive income. I want to be able to do this before I turn 30, and I am 23 right now with a full tim...
David Avetisyan
Criteria for Five Loans & Above
I was wondering what the criteria is on the fifth loan for both the subject property, and on existing investment properties.Furthermore, would it be any different if you are trying to refinance a cash purchase on a fi...
Rob Myers
Contact tenants when using PM?
I'm fairly new to the whole landlord thing and have a general question regarding contact with tenants when using a property manager. How many of you that use a property manager reach out to your tenants anyway and gi...
Anna Strausbaugh
New Construction "flips"
Hi! I've recently been considering a new avenue of "flips" in our market here in Boise and wondering if anyone else is doing it or if it's worth it to do (particularly if it's worth the tax hit)? I'm a real estate age...
Nathan Gesner
Need help starting a local REI group
I'm a REALTOR, manage 300 rentals, and own 14 units. I'm very busy but would like to start a local REI group in Park County, Wyoming (pop. 25,000). We've never had an REI group and the nearest one is in another state,...
Ivan Jenkins
How would a landlord respond to an offer to purchase from a tenant?
I'm currently 18 months (1 year lease, 6 months on month-to-month) into a SF lease. I've never missed/been late on a payment and we've taken very good care of the property as it were my own (probably better than a...