Gail W.
First brrr property becomes a lesson
I have just completed my first deal on a SFH. I own some land but have never had a house before. Here's the way the deal worked, I paid $30000 for a house that was supposed to be partly rehabbed. My budget was fo...
Gerardo Garza
2-4 unit 95% LTV with no PMI
Hello,
I am having trouble locating a lender that can do a 2-4 unit 95% LTV loan with no PMI in Illinois. Does anyone have any referrals?
Best,
Jerry
Justin R.
Is it worth negotiating with your Property Manager?
Do you feel it’s appropriate to negotiate fees and structure with your PM?
Do you ask your manager to follow your personal guidelines (mandatory renters ins, lease terms, etc) or do you just fall into your PM’s “typi...
Bobby Paquette
Using OPM and still getting cash flow
I am wondering how some people are making money in a deal when using other peoples money and it is NOT a flip. Usually Minimum looking at a 4-5% loan to bank(if not all cash), 6-10% on the hard money lender or seller ...
Emmanuel Cuisinier
Extremely High HOE. What is the catch ?
Hi everyone,
In order to feel more comfortable before buying my first investment property I spend time crunching numbers and calling agents.
Today I came across a tiny condo, very well located around Miami Beach, ni...
Eduardo Aguilar
Live In Reno With Flip or Rent-by-Room Potential
Investment Info:
Single-family residence other investment in Sacramento.
Purchase price: $460,000
Cash invested: $65,000
My wife and I purchased our second home in August of 2020 with an eye to eithe...
Brandi J.
To tear down, or fix the existing structure.
Hey BP,My husband and I are looking to purchase a fixer-upper in a very great location. The area is highly desirable, schools are good, and it's in close proximity to the Amazon facility.We know it's a complete gut jo...
Account Closed
replacing shingle roof
I need to replace my shingle roof--it's on the 13 year of a 12 year life.
What questions should I ask roofers regarding their estimates?
This is the first roof, and I plan to have the new one put on top of the existin...
Janell E.
Tenant won't leave for mold remediation
A drain pipe disconnected in the crawlspace of a small apartment building. I noticed a musty smell upon doing my routine hallway cleaning (no tenants had complained of smell). Found water in the crawlspace that had re...
Kameron Starr
Tenant not paying utilities
New to rentals as of 1/1/21. Bought property with tenant already living there. Tenant is responsible for utilities in lease but hasn’t paid utilities company yet. I just received notice that they will shut off utiliti...