Troy P.
Good idea to purchase parents' mobile home?
To make a long story short, my mother passed away last year and my step father is living in their mobile home with a relatively high interest rate and no banks willing to refinance. We recently started tossing around...
Ricardo R Barrera
Need some guidance on my first multi-family
I need some insight before making a full commitment to this plan. I want 2 4plex’s that are being built. One will be done a year before the 2nd. Start with a Conventional owner occupied 20% down then do a VA loan for ...
Matthew Mello
In-Laws aparement rentals legal?
Currently throwing in offers on a house south of Boston. The agent informed me that the town assessors have it as a single but the building department has it listed as a 2 family so I just called to verify before putt...
Eduardo Beltran
20% Down Payment Workaround Ideas & Questions
Hi everyone! Hope y’all are doing great today & are staying hungry 👍🏻
I have a question in regards to the down payment on an investment property for those WAY more experienced than me.I want to purchase my first ...
Mark Scott
My tenants broke their lease and never once paid utilities
I just bought my first property (a duplex) and inherited some tenants. The previous owner said they had been paying, but I heard that the unit A tenants wanted out of their lease. I hadn’t heard much else, but I didn’...
Negar P.
Neighbor asking me to sign I won't use my property for business
Hi all,We recently closed on our first deal in California. We are planning to use it as a house hack by renting out two sections of the house and living in the third one (huge single family home)We want to change a wi...
Murali Jesudoss
Turn Over or Keep the tenant in new purchase
Hi BPers,I am closing my 4th deal early next month in Kansas City, MO. This is tenant occupied property where the tenant pays $1150 a month for last 2 years with previous owner. Lease ends by June and I am in dilemma,...
Mary Beth Blackwell
STR - PM Walkthrough Between Guests
Hey BP,As a part of managing STRs, I like to walkthrough properties at least 2x a month to keep tabs on property condition, guest experience and take care of any maintenance issues that pop-up. Today I recorded a walk...
Nick Tarantino
What is the process like of buying a rental property out of state?
I understand that I would have to hire a property management company. I don't know much about this process. How difficult is it, and what exactly is involved? I wouldn't be able to get much ROI where I currently live.
Jose Gonzalez
Can you check qualification of loan without lowering score?
Hello BP,I have been working on my credit for a while now and finally got a good score. I want to see where I stand when talking about qualifying for a loan. I inquired at a local bank and also quicken loans and they ...