I'm looking to start doing multiple properties at once. I have a good banker, but I would think that banks have a limit or formula that they adhere to for lending. Is there a general rule/formula for how much risk a b...
Hello! I rented out my house for one year and definitely had a lot of learnings with managing the property on my own.One of the after-effects of the tenant moving out of the house was that her gas bill was not paid fo...
Read my story as I explain how one small property management lease omission can cost big bucks.What Happened:I own quite a few rentals in Bridgeport, Connecticut. After heavy rains yesterday, I got a phone call last n...
I'm studying for my Broker's license and I came across something very interesting. Apparently, if someone is delinquent on their taxes, the property goes to a Tax Sale where the highest bidder (above taxes owed) gets ...
I am lending on a rehab through my IRA. I want to release the funds in multiple draws based on progress of the project. My contact at uDirect does not know how I can accomplish this. He wants to release all of the...
Howdy, I'm looking to invest in a short term rental property in Florida. Namely Jacksonville, but I'm not set on this. I've read/heard about the significant returns over long-term rentals that can be had, however I'm ...
Happy Saturday BP, is a 30 day minimum stay restriction a deal breaker when considering to purchase an investment property in Clearwater Beach Florida?
I've been researching and we would like to jump into real estate investing by way of buy and holds, and fix and flips. We (my husband and I) can qualify for a conventional loan, but we don't have a down payment. I ...
Hello,
I am really interested and excited to join the BP community!
My name is Michael Sadler. I have spent some time as a mortgage broker in Vancouver, British Columbia and in Edmonton, Alberta. I a...
Hey BP fam!
I'm in Keene New Hampshire and finishing up a BRRR investment that has gone really well. I'm currently looking at a deal and thinking about putting about 60% of my currently available capital up for it an...