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I’ve had one rental for almost 2 years. It’s 2.5 hours from my home. My daughter was managing locally but she moved, now my partner and I are struggling to do it.It’s a 5 bed/3bath house that we rent by the room as me...
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I have a son that is now 18. He has worked on a number of our houses remodeling them and he has saved his money. He’s a good son and has demonstrated responsibility and hasn’t given my wife nor myself a hard time does...
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Is it possible to BRRRR to yourself? In other words, for the rent part we would just pay our own mortgage and live there. Then wait for a seasoning period to do a cash out refi. Thanks
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I am looking at an 8-unit apartment complex right next to a major University that is cash flow positive. However, it does not meet the 1% rule, with it being at .81%. How much should I weigh the property not meeting t...
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Hi BP,I hope all is well. I was wondering what questions I should ask a PM if I'm interviewing them. These are the questions I got so far
1. How do you find and screen prospective tenants?
2. How and when will you c...
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Hello all!Here's the scenario: My boss is now investing in residential real estate. His goal is to own 25 properties by the end of the year. I am not sure how he came up with 25 as his goal, but he currently owns 6 p...
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Hi am a new investor. I purchased my first mobile home in Ohio two years ago and it is going on the rental market in February of next year due to a family member living in it at the moment. I am also a travel healthc...
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I'm looking to update the windows in my property for all units if possible. In total, I counted approximately 30 windows that would need to get replaced, with many of them not being the same sizes. I also want them to...
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Hi! I am planning on doing cash out refis on 2 properties I own in Cleveland. Both were purchased around 5 years ago for cash & have both cash flowed & appreciated more I had anticipated. My estimated cash flo...
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I'm seeing commercial loan terms for 3,5,7 maybe 10yrs at 20/25 yr amort. Even though the rates are great now..when these come due, most likely rates will be way higher. What are some strategies if you are a buy/hold ...