James Calabrese
BRRR strategy - seasoning required before refinancing?
Hey BP community,How much seasoning (history of rental income) is needed when going to execute the ‘refinance’ section of the BRRR strategy. I was speaking with Bank of America the other week and was told they’d need ...
Luke Carl
How Time Consuming Are Vacation Rentals?
I get asked this question daily, and now with the help of ScreenTime on my iPhone I have an (almost) perfect answer. In the past 7 days I’ve spent exactly 3 hours on my 5 properties via the apps on my phone. This was ...
Amy E.
Violent Tenant and Neighbor Conflict
I've had several complaints from neighbors about one of my rentals in GA, which has a Section 8 tenant. The tenants pay rent on time and treat the property at the minimum acceptable level. They punched a hole in a d...
Jonathan Cisneros
New to raising capital
As someone who is new to syndicating but has a background in construction and small-scale real estate development focused on building duplexes, I'm now interested in venturing into syndicating deals on apartment compl...
Farzan Setayesh
Renting to Travel nurses
Do you have experience in renting furnished units/Room to travel nurses? How do you charge them? What kind of location makes the most sense? Close to hospital, or fun area so they can have leisure after work. How much...
Matt Smith
Stainless steel fridge damaged
My tenants 1 year lease ended but I noticed 4 dents on the brand new stainless fridge (1 year old). 2 on the side due to a door banging on it repeatedly and 2 on the front. The panels cannot be changed. Can I deduct a...
Jon Klaus
Do you take application fees?
I typically haven't charged for applications, but I just used an agent who charged $40 per adult.
Then I found this article about a landlord in San Francisco who took 250 applications for one unit at $40 a pop.
http...
Tyler Gilbert
Analysis of loan types for MF properties
Hi all. I have been doing some research into MF properties and have had some extremely informative conversations with some lenders and agents (Thank you Rick, Jonathan, and Jake). I’m interested in learning more about...
Stephen Bagnani
Is it possible to just buy a few acres and slap 7 tiny houses on
I am really intrigued by the tiny house/microhouse movement. Being a room-renter myself I know how important solid cheap dwelling is especially to young bachelors like myself. Is there any way I can create a multi-dwe...
Mark Graziano
Door knocking Pre-forclosures -
Hello BPer's,I have been door knocking pre-forclosures for a few months now with little success. I have been able to speak with a few residents, but only one homeowner who was not interested in selling.My approach is...