Tyler Wehrung
BRRRR and Seasoning Period
Hello BP!I have an accepted offer on my first property that I am purchasing with all cash. My strategy was to purchase with cash, rehab, rent, refinance. I just recently learned about the "seasoning" period which from...
Mark Smith
Nest Thermostat
I am really interested in the Nest thermostat for my two unit property as I pay the heat, however the property does not have wifi so I wouldn't be able to access it from my phone. Is it worth it to get some sort of wi...
Jeff Plair
Increasing rent on inherited tenants
Morning BP,
So I recently purchased three properties that had current tenants in them. The Rents were way below market value with these tenants. What do you think is the best way to go about increasing the rent to ma...
Ben Hooper
Working as co-host and managing other owner's properties
I've been hosting for over a year now and have two properties i run and have enjoyed it quite a bit. I've wanted to expand the number of listings i manage, both by buying more properties but also co hosting. For any s...
Dan R.
Contract for Deed vs. Mortgage
Does anyone have any advice on the pros/cons of providing seller financing via a contract for deed vs a deed of trust? I've purchased property with seller financing using a deed of trust, but I may want to use a c...
Veronica Thomas
Tax credit for historic building
Just curious if someone could explain to me how the 20% tax credit works for an old building. My husband and I are looking to invest in a 100 year old 2-story building in the downtown area of our small town. The buil...
N M Clarke
Cash Out Refi for Properties in Trust LLC
I have 4 properties (2 MF, 2 SFR) in California in a trust LLC. I am the sole trustee and also one of the beneficiaries. All properties are owned free and clear (no debt) and we would like to cash out refi so we can f...
Keith Jourdan
tenant refusing to pay rent until repair is made?
tenant moved in 4 months ago. Has been nothing but problems. Constantly late by 10+ days.He has yet to pay the rent this month (due on 1st). So I gave him the 7 day notice.He is now saying he is refusing to pay becaus...
Shedrick Boyd
Need to buy next investment property! Any thoughts on Condos?!?
Currently in the market for my next investment property. My biggest objection is my market (Denver) is so expensive it’s hard to make the deal work. Only properties I can make numbers work are Condos....Goal would be ...
Seth Moffett
Getting ready to rent out current property and buy next
Hello everyone! We would like to know what you think and what’s your advise for us who are barely starting in this crazy market. Our goal is to buy a property that we can live for free by house hacking. Then save up a...