Rob Smith
Need help on Duplex purchase
Looking at purchasing a 1996 duplex in a good neighborhood. The person selling the duplex tells me it has a 10% cap rate which I can't confirm. I come up with a 6.9 cap rate. Is this a good buy?? If I go by the 50% r...
Scott Arno
New LLC purchase power?
Hi everyone,I'm starting out in real estate and I'm going to create an LLC. I don't know a lot about entity structure yet - still in the learning phases, but would a lender finance a new LLC with no credit history for...
Cynthia Dimitroff
NEED ADVICE ON LEASE RENEWAL
We need input: Our renter has requested to extend their lease by one year in exchange for a discount--they noticed rents in the area have decreased. I researched using realtor.com and it appears March rents have de...
Shawn Root
Honoring an existing lease
So, if you purchase a multi-family property and one of the tenants has been getting a discount (written into the lease) to do yard work for that property as well as another one that the seller owned, how can you conti...
George Lambrinos
Buying Foreclosures in Pennsylvania
I just moved from Allegheny County to the Allentown/Bethlehem area.I've completed a number of successful flips through Allegheny's Sheriff Sale but they have all been Free and Clear Tax sales. Free and clears are har...
Christian Carson
Cash-out refinance dilemma
I have to decide what to do about refinancing two of my duplexes, and the banker is pressuring me to return my application, but closing costs are really hard to swallow. Here's the situation.Duplex AValue $90kLoan: $3...
Laura Levine
Do I need an architect?
I just bought a house in Northern NJ that needs some renovations and I'm trying to determine if I need an architect or if a GC can do the work. I want to take out half of a wall (to open the kitchen to the living ...
Jarrod Covey
National Short Term Rental Outlook
Hello BP! STR owner/operator, Airbnb co-host, and realtor here in the Central Texas area. Curious if anyone is seeing suburbs of major metro's develop STR regulations anywhere else in the nation?Here in Central Texas,...
Mike Masland
Property ownership 100% remote. Doable?
Looking to get started in purchasing rentals for cash flow— trying to decide on the market. There is one semi-decent area locally but the properties are pricey (DC/Virginia area). I see that some of the best cash flo...
Peter Vazquez
Finding deals before they hit FB/Craigslist
So I have started my real estate journey and I'm on the hunt for leads. I'm in the very competitive Omaha market and have been driving for dollars and sent out 1500 post cards and waiting for those to produce. As I ca...