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Good afternoon Did a yearly walk-through with one of my tenants and I found that he is running a business in my property. This is a clothing and shoe business so nothing illegal to my knowledge. I believe he is runnin...
We have been in our primary residence for 8 years and, after a call with the bank, I can access around $125,000 of equity. Assuming 25% down, I have around $500,000 of purchase power. This would be accessing around 50...
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I owe $100K on a rental I own in my name and also have approx $100K in cash. I’ve been wanting to star an llc and move it under that, but I would burn my cash reserves to do it. Would it be better to just keep it a...
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I am a disabled veteran and my wife and I purchased a SFR with intent of turning it into a LTR this coming April. At that time we will have occupied the home for 1 year. I used my VA loan to purchase the home for $270...
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Hi everyone,I hope you are all doing well. I recently accepted a job in New York City and I am looking forward to moving in! That being said, I would ideally like to house hack but realize that this may be a significa...
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I was shopping an apartment for a syndicated investment this past week and was drilling the property managers on various topics. One of the topics that I have been getting a wide variety of answers is when I ask the q...
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Hey BP, I'm in the process of rehabbing a rental and wondered what flooring was best for low income rentals. In my area 3/1 rents for $600-665. The unit had carpet in it previously but I'm going for something more d...
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We're looking to buy our next property and wanted to know if mortgage brokers are a good idea. The 2 of us have very demanding/time consuming jobs (that we plan to get away from, thanks to BP) and dont have the time t...
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Good morning! I’m about to start renting my first short term rental and have been hearing that it’s essential to have a smart lock. When I do my research there are tons of options. Does anyone have a favorite brand th...
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I have seen how to raise money for flips and brrr strategy etc. However Im a little stumped on ideas for getting funding for a rental that doesnt have a ton of value add. It meets 1% rule and is actually 4 properties...