Patsy Waldron
Using one property as collateral/down payment for another
Hello lenders and experienced BP investors out there....How realistic is it to ask a conventional lender or private lender to use one property (a SFH owned free and clear), worth $75K, as collateral instead of a down ...
Tony Pellettieri
Scaling Strategy using BRRRR/DSCR/HML - Please Advise
We are currently in the process of preparing to close on our 3rd Investment Property. Originally we planned to Fix/Flip/Sell houses in our farm area using all of our own cash. Doing so would trigger the need to pay Ta...
Seth C.
Distinguishing maintenance and capital expenses
Looking at P&Ls I see a lot of stuff that is placed in capital expenses that seems like it should be in maintenance, ie above the NOI line--but I don't know completely what the industry standards are.There are thi...
Johnny Lynum
The Best Financial Advice You Wish You Knew Sooner?
Retirement planning is a journey filled with valuable lessons, and as a real estate investor, I’ve learned some crucial insights that I wish I had grasped earlier. Real estate has been a game-changer in my financial s...
Jeff Brown
New Construction - Duplex
How do you figure out if the duplex that your building will be worth it? I’m estimating it will cost me about 350-400k to build and rent for about 1700-2200 per unit. Any help will be appreciated. I am having to put a...
Grant Edwards
A 4% Deal For 1st Rental?
Hey everyone! I would like to get some opinions on whether or not I should do this deal. It would be my first investment. Here are the details:It is a triplex for $32,000 in a low-income area in the Midwest. Property ...
Patrick Philip
How to find apartments and hotels that you can improve?
The idea in apartment complex or hotel searching is that you need to find something that you can immediately improve (then probably refinance).What should you be looking for exactly that lets you know you can improve ...
Grant Pope
Rental License issues
Hello all.Looking for some advice and also looking to get a few opinions.I just looked at a duplex that was listed on the MLS. My realtor sent it over and it looked to me to have some potential. As we walked through t...
Sam Leon
Lease Termination
I am having a real hard time dealing with a tenant.
I hired a RE agent to rent out my SFH, paid one month rent to advertise and find the tenant. I didn't want to initially but negotiated the rent down from $1800 to ...
Alex Phillips
Buying or leasing a car?
A little bit about myself, my name is Alex, I’m a 22 year old aspiring property investor originally from the UK. For the last 3 years I have been working overseas soon to return home, now like most people who have mad...