Hi BP!We went live with our first two properties yesterday and have bookings in November already. Excited to start on this journey!I had a few questions.1) I have seen post about lease agreements, and how some host se...
First, I know the 50% rule is a guideline and not a rule. I am curious: Given the high property taxes here the Dallas area, how achievable is the 50% rule?I ran a report using a house whose ARV is $150,000, bought at ...
Hi guys, stupid question time. I'm looking to refinance my rental property, in order to free up cash to purchase my next rental. I was wondering if someone could help solidify the numbers for me.Original purchase pric...
I'm in the Chicagoland area and currently banking with a big national bank, but I'm thinking that from a REI perspective that it might be wise to use a smaller local bank that might appreciate my business more and be ...
Current SituationI have had an excellent tenant that started at my property in January 2020 and never missed a payment through the pandemic and generally has been great. In the past month or so, her new boyfriend has ...
What do you think would be some good qualifying questions to ask of a prospective real estate lawyer? For context, my business partner and I are just starting out in real estate investing in the Boston area, and we ar...
I have been trying to get into the MF space for a while, and I've started learning more about syndicates like Think Multifamily and Jake and Gino. What are your thoughts on joining a syndicate as the best strategy to ...
Hello BP Community,My father-in-law would like to gift my wife and I his cabin. He doesn't care what we do with it (keep it and enjoy it or sell it). He owes on his mortgage about half the value of the cabin. We wo...
I have SS clients who want to sell to their 2nd lien holder who is an associate of theirs. This individual put up 100k to help with the purchase/construction of the house which belongs the couple who are my clients. ...
Hi I'm considering a move to Houston for work and plan to remain active in investing. Which cities seem to be giving the best returns for rental income and appreciation in Texas currently without any signs of slowing ...