Luis Reyes
First time renting out my home in Northern VA. What to expect
Good afternoon BP! This is my first time I will be renting out my home. My property is in Northern VA and i would like to ask the community what I should expect. I know i know i need to search more on the forums to ge...
Brian Bistolfo
Cash-out Refi: Terms and Timing
Hi All,I'll be needing a cash-out refi on a rehabbed investment property in KC in a couple months. Property is bought in cash so no loan on it currently. Haven't gone through this particular process before so I'm won...
Kelly Rastatter
1 BR Septic Permit on 3 BR House - how do I fix this?
I have a deal I am trying to do my due diligence on. The septic was permitted for a 1 bedroom tank and the house is a 3/2. The wholesaler notes the septic tank is too small and needs to be replaced with a bigger one b...
Tony Wooldridge
WHY CAN'T CONTRACTORS JUST DO WHAT THEY SAY THEY WILL DO????
I first must apologize for screaming at all of you in the title but if you have any experience or can relate to the title at all you know why I am frustrated. This is nothing more than a venting session on my part an...
Lena Wang
Deal or No Deal: Cleveland, OH Commercial
Hi, I have a deal and was wondering if someone can give me some advice. This is a 6 unit commercial building in Cleveland, OH. IGNORE the fact that this probably won't appreciate much. Assume buyer looking for CASH FL...
Ed McIver
They remove the Banister.
While visiting the tenant for another reason I found that the tenant had removed the banister and banister posts. My 2nd floor apartment had a difficult stairway. It has 2 landings. There is a post at the bottom of th...
Dulce Beltran
Conventional Financing Commercial MF
We’re looking to trade up from 1 door to ideally 20 doors and purchase a MF commercial building. On Brandon’s post building $1M net worth, he used 20% for the down payment. I’ve spoken with a commercial lender and com...
Amit Saini
What interest% are investors getting for their rental investments
Current rental property investment rate 4.25% for 30-year fixed.Getting the same rate for the next deal (ARM is at 4.15% for 7/1) - very narrow spread that is not appealingNon-investment being quoted at 3.75%.I see so...
Jun Zao
Expecting 1% of market price of the house as monthly rent.
Is that the rule of thumb?So for a 2-story house with a basement unit (combined for a total of 2 units) with a market value of $550,000 that also has 6 parking spots, 3 indoor and 3 outdoor I should be able to collect...
Michelle Romano
Rhode Island Properties for Rent
Hello Rhode Island Invstors,Need you help. My son is in the U.S.C.G. and has been reassigned to Newport, R.I. This is a last minute transfer and until he gets acclimated to the area he is looking for a room to ren...