Louis Zameryka
Subject To Advice Needed
I found a home that I believe will be good for STR. It went under contract in about 3 days last month but now came back on the market.The asking is $349kIt was purchased 2 years ago (Oct 2020) buy the current seller a...
Robert Obniski
Can I cite this Pandemic to back out of a deal?
I have a property under contract where the numbers work and its all good etc.
It will stretch my cash reserves if I go through with the deal because looking through the lease agreements 90% of the tenants work in jo...
Nick B.
COVID-19 IRA withdrawal
Hello BP,I am considering withdrawing money from my IRA pursuant to CARES Act. According to the Act, one has to qualify to be eligible. Besides the obvious qualifiers such as being infected by the virus or losing a jo...
Craig Lillard
Serial vacation rental strategy. How does this sound?
Hi! New member here. My wife and I are ready to go see the world a bit and I have pondered this strategy. Would love some feedback. What I was thinking we might do is choose an area of the country we want to spen...
Account Closed
Is it dumb to hire a PM in a red hot rental market?
Portland's rents have been rising over 10% year over year. There's a lot of political brew-ha-ha both locally and at the state level over tenant protections and increased housing costs, and local and state laws have ...
Disia Page
Los Angeles House Hack w/ 100% OPM
This is what I want to do. I want to apply the BRRRR strategy to a house hack. A lot multifamily properties in Los Angeles exceed the FHA loan maximum criteria (no surprise). Right now, I do not have enough cash for 2...
John Papa
Real Estate and Fracking
Hi All,After spending time out in Colorado and the surrounding areas, my wife and I are set on moving, specifically the Erie area. After looking at a lot of properties, we found one we really like and are considering...
Christopher Gravillis
Tenants Won't let Homeowner in the House
Hello Everybody!!!!
Hope you are all well.
I was wondering if anybody has any suggestions in this scenario. I am currently talking to a homeowner who owns an investment property and is 5 payments behind on her mortg...
Jordan Hamm
Need help determining rent — Rent strategy
Im turning my existing home into a rental (closing on another home in Feb). I have a pretty good handle on what I should charge for rent, but some extra feedback would be great.My neighborhood seems to be in fairly hi...
Chris E.
Toledo vs. Detroit ?
I've read a lot about Ohio and Toledo in particular. How is the proximity to Detroit influencing the market in Toledo? From what Josh and Brandon are saying, I'd want to stay as far away as possible...