Portia Bates
Timeline for BRRRR Strategy
I am a bit stuck on how timelines work for the refinance portion of BRRR. I understand that I close on my property (Dec), renovate it (January) and then refinance it to pull out my money.How long does it take you to h...
Brett Keller
How would BP invest 1.5 million?
I am a new investor in St. Louis and that will have about 1.5 million in cash to put into real estate by the end of 2016 early 2017. My question for BP is how would you invest the cash?We currently have 3 rental prop...
Jane S.
Tenants questioning lease expiration
The tenants' lease on their rental expires 12/31/23. I sent them a notice that the lease is expiring and they must vacate by 1 pm on 12/31. (I'm required to give them notice 90 days before the last day of the lease. )...
Nicholas Herczeg
Sale/Investor Vs Deed in Lieu
I am a beginner in the field of REI. I have a set of friends that are a married couple that are under a little bit of a financial bind. The husband has a job lined up in another state but they need to get rid of the h...
Steve B.
Renter leaving before end of lease
Hi all,
Please help me out. I have a tenant who notified me he can no longer afford to rent due to life changes(kids and work). He notified me in April and he paid rent for May stating he needs to move out at end of ...
Alex Martin
Purchasing a SFR portfolio. Large post with many questions!
Hey guys, I was recently put in touch with an individual who is nearing retirement and looking to sell his SFR portfolio. I have been going over the numbers which seem to be looking pretty good based on what has been ...
Dean Julie
How can one even buy a house at all?
I see/hear people "snubbing their noses" at homeowners that are defaulting on their payments because they just don't want to pay for something that doesn't have the value of what they are required to pay for. Usually ...
Nile Reavis
Advice on making an offer on first real estate property
The sellers agent is asking for a deposit to go with my offer on a property. How common is it for a cash deposit to be included with an offer on a property?
Keith N.
Lender who can do 100% LTV Home equity Loan on Primary Residence?
Hi,I am new investor who owns both a duplex, and the current Single-Family home I live in myself. I put 3.5% down FHA on the duplex 1.5 years ago, and bought my primary 6 months ago with 5% down conventional. I live...
Jason Wu
Question about Knoxville STR permit
Hey Knoxville investors!
Just wondering if anyone actually gets caught by the city when operating STR without the permit? Any suggestions for non-resident investors to get the permit?