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recently, i have learned there is a difference how you analyze a wholesale property or a buy and hold property. well, because i become retarded when i start to calculate percentages and all the finally cost necessary...
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Hello BP community. I have been researching and racking my brain on which type of Financing to go for. I qualify for VA,FHA,HomePath,Conv. My dilemma is in the amount I have set aside for Downpayment ( $7,500 at c...
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Hello everyone,
I purchased my first investment property a few months ago. I am looking to hold onto the property for the cash flow. Property is in Bakersfield California. I want to learn from this purchase as much a...
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I know some of you will probably tell me to offer on both properties, but....which one would you favor? I know numbers don’t usually lie, and they favor property 1 slightly. It’s just older and smaller and may be more...
I have a single family rental property that is 3 bedroom 2.5 bath that is in a neighborhood that attracts a lot of families with kids. There is a Wooden play set in the backyard that needs to be repaired, but I am try...
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Smoke detectors – Use actual smoke to test the sensor. By spraying smoke into the alarm, you get a true indication if the alarm works. The “test battery” button only test the battery. The sensor is just as important. ...
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Tenants of 3 years purchased a home of their own in March and decided to stay in rental through lease period so they could renovate. Requests for extensions soon followed, and I approved (in writing) the first request...
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Hello!My husband and I just closed on a HUD home with a FHA 203b loan. We have an escrow holdback for the required repairs (~$5k) and had a contractor lined up. The contractor backed out and we are unable to find an...
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Hi everyone,House is in Ont. Canada, where you can only collect first and last month's rent when a renter signs lease. You can't collect damage deposits, or pet deposits for renters that have pets. A renter can sign l...
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Hello everyone,Let me just start out by saying I have a lot to learn!I'm just starting out in real estate investing, and plan on buying my first property (duplex, triplex or fourplex) within a year, house hacking, and...