I have a rental property that I paid cash to purchase and rehab and now have tenants in the property. I want to refinance out and get a 1st mortgage on the property. I also want to put the property in the name of an...
Hello all,
I'm curious to know some of the pros and cons of investing in a condo. I dont have a strong understanding on "delinquent condo fees" and how that plays a factor in investing in a condo. I understand that ...
Hey BP,How much do you budget when getting an estimate from a contractor? Once again, I’m in a situation where I’m spending more money on my contractor who is over his estimate. (Shocking, not.) I’m sick of being hose...
Good afternoon all, My name is Matt. (I apologize for the lengthy post.) A couple years ago, I was in a crappy call center job(I now work for AmEx) with no sense of what I wanted to do with my future. I was visiti...
I am in New York State.I have a one year written lease with the tenant which will end on Oct 31, 2015. Rent was paid on time before. Usually I sent a message or a phone call to confirm the rent collection date. Howeve...
Hi BP! I've been a BP member for awhile, read books and listened to the podcasts, and now ready to dig in. I'm looking to do buy-and-hold investing in the Denver metro area, ideally multi-family, but at this point, I'...
Good morning, can anyone please explain the difference between a title and deed? If I take out a mortgage do I get a deed but not the title till I pay the house off? See my confusion? Who holds the deed and wh...
Hi Everyone,Hope Everyone is having a great day. I am currently invested in Atlanta, Birmingham and Dallas markets. I am looking for PM and TKP in Cincinnati market.Please let me know if you can recommend anyone.Regar...
I am purchasing a home and financing the rehab with a partnered developer who manages the entire project. Profits are to be split 50/50. $350,000 purchase price$60,000 rehab price$520,0000 ARV$83,600 total profit befo...
A new colleague of mine here on BP has asked me some questions via PM and I thought it was best to present his questions and my answers in the public forum for all to benefit from. This will also give him and others t...