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I was told that some lenders may not refinance trailers house due to the quick depreciation. I’m planning on moving a trailer house onto an acre of land and refinancing it for a cash payout. Would this be a bad idea?
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I am on active duty in the Marine Corps, stationed in Missouri but from the Dallas area, and i currently have 1 SFR. My goal is to start investing in rentals but, like the plethora of other newbies on here, I am looki...
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Hello everyone,This is officially my first post on BP. I listen to 2 or 3 podcasts a day and I am looking for some direction on the next steps we should be taking. I am planning to buy a multi family property in Pit...
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Here are some topics in an agreement that have my concern:
- Waive the requirement for approval from owner for any repairs or maintenance of any one item under a specified amount (one company is asking for $600…). Th...
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So I met a guy that was speaking at my local REIA about landlording. I went specifically to speak with him because I knew he had a MHP and Ive been looking into possibly investing in this. So, come to find out he want...
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A Scope of Work (SOW) is a description of planned property renovations, with the primary components being a line item budget and a construction schedule. A detailed SOW is important for nearly every type of value-add ...
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Hi BP! We just acquired a house we are fixing up and may use as a rental.I found out that the city water/sewer bill AND electricity both stay with the propery. I am used to water/sewer being attached only. Has anyone...
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I was lured into using a property management company for two properties I purchased for rent.
I was initially worried about moving further away from the real estate and managing from afar so I felt obligated to hire ...
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Good morning everyoneI have hit a bit of a snag with forwarding my Google Voice (GV) number to Patlive, and I’m hoping that someone on here has some ideas for me. Also, a search of BP yields very few results related ...
Hello everyone, I’m new to the forums but I’ve been reading, studying, and listening to podcasts for about a year now. Anyway, I could use some input to make a decision about what to do when my current flip sells. I...