Terry McAllister
Attempting my first deal, interest rate question
Hey everyone, I had a quick question. Long story short, I am in the process of purchasing my first single family rental house and I just went through the pre-approval process. I used a local and reputable lender, and ...
Chibu Ogu
New Rental, Existing Tenant
Good evening!
I should be closing on a rental property in Baltimore in early June. The previous owner has a fabulous existing tenant who has signed a lease until May 2019. From what he’s told me she’s been a model te...
Fred Ramos
How buy a FSBO??
Hi all.My wife and I have managed to buy a few investment properties but they all have been through a realtor. Our dilemna now is that we have found a magnificent deal but it is a For Sale By Owner. Since we haven't p...
DArren Ham
securing a deal
I have been sending out yellow letters for about a month now and have had what I think is a good response from the letters. I have sent 350 letters to mostly out of state absentee owners. I have had about 25 calls, ...
Account Closed
money for a new roof
Didn't know where else to put this:
I am about to buy 2 new roofs. I can either take out a loan, home equity probably on my house to finance them, or, I can take it out of savings--actually what I had been saving for....
David Wolber
Insurance "recommendations", hidden cost of property ownership!
So first we bought this 6 unit in New London, everything was going fine until the insurance company did their inspection. Got a letter in the mail of their “recommendations” that are mandatory that I complete. $10k la...
Eddie Gonnella
Frowned upon to have 2 of the same type sub-contractors on site?
Is it frowned upon to have two of the same type of sub-contractors on site estimating something at the same time? For example, I want to get three estimates for an electric upgrade. Will it be a turn off to the electr...
Robert Biggerstaff
What have you learned to keep long-term tenants?
What tricks and tips have you learned to keep long-term tenants in place?
Mikey Maher
What common pitfalls are overlooked by 1st time investors?
Hey everybody!This is my first post here on BP. I've been listening to the podcast for about a month now and have given myself 6 months to close on my first property. I am 23 years old, and would love to learn from al...
Matt Williams
1920s Balloon frame house - Need to Knows, tips, advice, warnings
Just got to the point in the demo of this 1920s 1.5 story house, where I into the walls enough to see that this is a balloon framed house. My knowledge of house framing is based on how we do things today. I had never ...