Drake Turner
Start now or wait a few years? Purchasing Rental Homes
A little Background: Currently 21 years old. Bought a foreclosure at 19 for $39k, remodeled for ~35k, just appraised at 100k (went a little overboard on the reno and it is overbuilt for current comps). We are in the p...
John Simerson
Rent doesnt make mortgage in california, should i sell or hold?
Hi, im in San Diego California I have 2 properties one property that rents for $280 less than my mortgage and the other that rents for $800 less than my mortgage. Both have a pmi i could wash away probably in a year. ...
Alec Newman
VA Streamline Refinance Loans
Hello BP community,I am writing today out of curiosity if anyone has ever looked into / used a VA streamline refinance loan.I have been learning about REI for about a year now and am extremely excited to get the ball ...
Alejandro Lee
is an LLC really necessary?
Live in California and have 2 rental properties in Cleveland with a total value of 150K at most, is creating an LLC for each property a viable option for asset protection?
Joseph Crunkilton
Why did my gas bill go up 100-200%?
All, I have a vacant rental that was costing me $20 or so a month for the gas alongside mortgage and other utilities. The last two months my bill has jumped to $200 and $250. This is a small, vacant rental that is onl...
Jeff Anderson
Fourplex - Receiving mail for the building
As PO BOX rates have more than doubled in the last 10 years, I'm trying to setup an additional mailbox for my fourplex building for the purpose of receiving administrative mail to effectively use it like a PO BOX. The...
Kyle Z.
Mortgage at 7% interest rate for investment property; pay down earlier?
Hi everyone - I currently have an investment property with a 150K+ mortgage of 7% interest. It is cash flowing a couple hundred bucks every month (so rent > mortgage).
I have a lot of cash saved up in a 5% HYSA c...
Account Closed
Realtors not responding
How do you deal with realtors that just dont respond? I am now a licensed agent and I can't imagine being this unresponsive. I am trying to purchase a commercial property and Ive had such bad luck with agents, mind yo...
Justin Wilcox
How to reject an applicant for rent?
I have a room for rent and I happen to know that the person who wants to rent it would not be a good tenant because they have had not paid their rent in the past and cause problems for other tenants. It was not docume...
Andre Pinheiro
Newbie w/ a 100k to start
Hi BP Family!I want to start investing in RE to build a good cash flow. I'm not looking for flips since I never did this before, have no experience at all in this field but I do have access to 100k to start. I live in...