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Hey all,I’ve been having an extremely hard time finding a lender for my situation. I have 3 properties that are owned free and clear however the values are less than $75,000 each which most lenders will not do a portf...
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I took a week off to satisfy Patrisha's desire to remodel our house (see the pictures here). But, a deal came across my desk. This is a 50+ room hospitality asset. It can be bought at rather low per door basis, even a...
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Dear BP family,My appraisal came in lower than I expected.What is the best course of action now?For the future, can I ask the appraiser to send me the draft before he submits it to the bank?In case the new appraisal i...
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Hey all, So I am closing on a home today in Atlanta that I plan to stay in for a few weeks out of the year on and off, and rent it out to business travelers via short term leases, Airbnb, etc when I'm home in CA. Next...
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I have a property under contract in a hot area of Atlanta. I was comfortable with the $125k asking price given the impression that it was move-in ready (my plan being rent it out and ride the wave of potential appreci...
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Hi all! Still kind of new to all of this, so bear with me...My husband and I have a duplex (he had it built in '96) and it's nearly paid off ($38k left). Thing is, we're not seeing much (if any) return. Never have. To...
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Here we go, after reading BP for a year and finally moving to a position that I can get together the funds to buy my first SFR home. I know BP has a love affair with MFR but I cant bring myself to buy one for my fi...
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Hi All,I live in Denver and work a professional investor (not real estate). Am considering branching out into real estate investing as well, but probably not Denver. Anyone has suggested markets in the U.S. that you...
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I have been trying to find a decent deal with good cash flow and cap rate in Texas for a year and seems less and less likely; Dallas and Austin. Worry about OK city, although tempted sometimes to commit there.
The cap...
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Hi all, I’m in a bit of a predicament. I have very qualified prospective tenants but they have a Dutch German Shepard dog. Female, 54 lbs, vaccinated, potty trained and “very sweet”. I’ve only ever rented to people wi...