Wendell De Guzman
Why Paying OFF A Mortgage Is NOT Necessarily Smart
For those of you fans of leverage or using the bank's money...here's a provocative blog post: Why It's Not Necessarily Smart to Pay off Your Investment MortgageWhat do you think @Brandon Turner , @Ben Leybovich and ot...
Amy Pearson
What do you look for in Multi-unit properties for investment?
What is everyones must haves that they look for when looking at multi-unit properties? I look for brick buildings, with a basement, have current tenants in place and parking spaces before I consider viewing it in pers...
Peter Douglass
Need private lender or miracle. Any suggestions?
My situation is a giant catch 22. I borrowed a private loan to purchase my property almost 2 years ago, gutted it, fixed it up slowly, and was ready to refinance this Spring. Unfortunately during this time, I also max...
Account Closed
Purchasing a 2 flat
Hello everyoneMy name is Alex and I am a contractor in Chicago area. I always thought about getting in the real estate but I'm always swamped with work so I didn't really have time to sit down and start reading more i...
Nhi Nguyen
Improving rent-roll in Rent controlled property
Hello all BPers.Happy New Year to all! Hope everyone is bank-rolling lots of $$$ at new year already! :DI've been doing mostly flips, only some of buy-n-holds in the past 10 years (some SFHs, and some MFs, all in CA...
Brian Engstrom
Married couple in Central Illinois aiming for 4 plex in a year
Hello everybody - I am a carpenter and my wife Molly and I are just starting out, trying to learn as much as possible before we find and buy a 4-plex with an FHA next fall. We are in our late 20's have a 3 month old d...
Barry Washington
How to finance 16 units?(
16 units rent for $550, could rent for $650-$700 after rehab. Need $100000-$180000 renovation. Do you know of any creative ways to finance this deal? I have only $15,000 two homes without mortgages valued together at...
Reyna R.
Tenant requested to allow dog after moved in
My new (less than a month old) tenant is requesting for us to allow his dog in the unit. Until this request came up there was never any mentioning of any ownership of dog by this individual. I'm a dog owner myself so ...
Tucker Long
Using Heloc for BRRR? Exit strategy
Hope everyone is staying warm! Hoping to get some advice...I own my primary residence free and clear, preparing to pull out equity to invest. I feel inclined to just cash out with 30 year fixed since rates are trendin...
Derrick McCoy
A Million in Assets Acquired Whats Next
Hello BP, This is my first year doing buy and holds in real estate. I managed to acquire over 1 million dollars in assets this year by purchasing properties based on the 1% rule. All of the properties collected ar...