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Good Morning,How would my DTI be effected, assuming I take out a 10 year HELOC ( maybe I should opt for a 20 year ? )If I take out a 10 Year HELOC , won't my " Minimum " monthly payment be JUST the Interest ( If that'...
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Background: I bought a condo in Minneapolis, mn. It was a 4 unit association. 3 units were owned by the owners and the 4th condo was converted to a rental to keep dues low. When I bought my condo, it was my understand...
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I'm currently deployed overseas and just learned that my 5-Plex caught fire. I'm not sure how badly it was damaged, but based on the pictures I was sent I know I won't be able to rent any of the apartments out for qu...
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Starting my 1st 1031 exchange and contacted a local company that had posted on BP several times. Met with a representative and before I wire this company a large portion of my net worth I would like to see if anyone ...
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Hi everyone,I've been recently growing my knowledge on the BRRRR method and am quite intrigued -- I'd actually entered escrow on a deal before researching it more...but wanted to get your thoughts on plumbing and whet...
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Hello all!I am in the beginning stages of forming a partnership with another BP member, so I'm looking for some advice or suggestions on how to structure the deal. I would only be bringing 10-25% of the up front cash...
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First timer here. Looking to getting into investing into brand new rental property. Should I hire a property management company? And also, do property management company's find the tenants for you themselves or is it ...
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REI newbie here! We recently bought our first house, a run down duplex in a higher-end in-town neighborhood in Atlanta. We are house hacking. We eventually want to rent out both units, so our strategy is to improve ou...
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I am looking for advice on the best way to handle my first FIZBO. My current tenants want to buy my Denver condo, so I don't need a Realtor and don't need to maket or list the property. Can anyone recommend a Denver-a...
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Recently went in a rental property to replace air filters and discovered the tenants pets had damaged an approx 1' x 3' section of carpet. When should this be repaired? Repair now and have the tenants pay for it now? ...