Jeffrey J.
Accredited Status - Net Worth Requirement
Random question that I couldn't find when searching BP. When calculating your net worth for accredited status, how are investments in syndications treated? Are they completely excluded from the calculation or are we a...
Alyssa K.
Charge for paying rent in multiple payments?
The lease states tenant is required to pay rent in one payment. Made one small payment ($400), ignored email stating that partial payments are not allowed per lease and to please cancel the payment (Cozy doesn’t give ...
Greg P.
Why Rent when you can Rehab?
Hello, I'm sure many people here are a big fan of renting properties to obtain wealth and so was I. But, thinking through this more clearly, I realized it would take so much longer to obtain money by renting out hous...
Matt Miller
What's my next move... any suggestions?
Here's my situation:My 2/1 house is worth $340k (I live there and it's my only property), and has a conventional loan. I still owe $150k on it, so I have $190k in equity. I've lived here for 5 years.I also have $70k...
Tashina Taylor
Having trouble getting a cash out refi
So we seem to be running into the same road block. We have a house that we bought cash and own outright. We wanted to do a cash out refi, but every bank keeps saying no due to the fact that we don't have any other i...
Romar Lagamo
Focus on one location or diversify??
I need advice about what I should do.. Memphis, Indianapolis and las vegas is where I want to invest in. Rochester and Detroit later down the line..My plan was to buy 1 Investment property in Memphis, Indianapolis and...
Philip Coiro
Offer accepted on my first investment property!
I've been looking for a flip project for a long while in my home market of Long Island, NY and after not being able to compete with all cash offers on $400,000 houses that need $150,000 in rehab I started to look out ...
Dana Schreiber
Advice for nomadic telecommuting IT guy looking to break into RE
Hey there, I am new to the BP community, recently been busy going through all the content on this site. I love Josh and Braondon's podcasts, the forum posts, blogs, etc. I've read Rich Dad Poor Dad, 4HWW, a few Bigg...
Caeden Jacobs
Exit Strategy for first house-hack /Getting out of an FHA to qualify for NEW FHA loan
Hello everyone, I am a new investor who purchased my first rental property a year before this post. I purchased a upstairs/downstairs duplex for $125k. I rented out the upstairs for $800 a month, and occupy the downst...
Luke Schumacher
STR value add, dinning room or another bedroom, only one bath
Colorado Springs, Colorado.
I am flipping a home right now and am torn on one portion of remodel. There is a kitchen but no room for kitchen table or dining area. There is a front room down the hall that could fit a...