Tony Sawah
I feel stuck. Any advice?
Hey everyone,I was hoping someone can give me some insight on this... So I recently moved to San Antonio for my job last August and my lease expires at the end of July. I probably only have 5k in capital right now an...
Greg Hoffmann
Require Tenants Make a Relocation Expenses Claim?
Hi FolksI have a duplex in CA and the lease requires the tenants carry a renter's policy. Recently there were some maintenance issues that required they vacate the premises and stay in a hotel. I've agreed in principl...
Rob Smith
Need help on Duplex purchase
Looking at purchasing a 1996 duplex in a good neighborhood. The person selling the duplex tells me it has a 10% cap rate which I can't confirm. I come up with a 6.9 cap rate. Is this a good buy?? If I go by the 50% r...
Cynthia Dimitroff
NEED ADVICE ON LEASE RENEWAL
We need input: Our renter has requested to extend their lease by one year in exchange for a discount--they noticed rents in the area have decreased. I researched using realtor.com and it appears March rents have de...
Rob Krin
Hard Money Lending and Creative Financing in the BRRRR Calc
Hi AllHopefully you can follow along with me on my journey here.I'm feeling the analysis paralysis creep upon me now. I've now changed my mind on my approach and pivoted my strategy several times so I'm getting worri...
Tim Jones
Was this a good recovery from a bad mistake?
Hello BP!Looking for a little feedback on my first REI deal.Background: Joined BP last year, read a lot of books, and listened to all the podcasts. Got my wife involved (she's the smart one) and we got a HELOC on our ...
Thomas Kelly IV
Best Investment of money on owner occupied
So now that I am finally in and settled generating passive income in my first owner occupied property, now I seek wisdom. What is the best investment of my money? Pay off my mortgage? (My rate is only 3.25 after str...
Courtney A Hall
What are some hard money lenders (recommendations)
I have called one hard money lender but the interest was high and so was the deposit. This would be my second investment and I understand it is risky when dealing with ppl just getting started. I don’t know where to l...
Shawn Smyth
Starting out in REI with LOW money and student loans. How?
I'm 28. I'm not broke, but I definitely don't have a huge savings. I work an 8-5 and love my dogs. My DTI ratio is about 40%, I have lots of student loan debt, and I cannot currently save but maybe $100/month.After li...
Frank Bonzai
Dont know how to analyze an apartment deal deal
Right now i dont know, what i dont know... I'm looking to purchase a 50+ unit apartment deal.
I dont know how to read PL statement/ T12. I know what most of these terms mean as individuals, but when i look at it as...