Account Closed
BRRR : is it for income or acquiring property?
I have a question re: BRRR.When you borrow money from your property to buy another, it seems that you depend on the rental income to make the payment for you. Thus, you will have to pay the expense if you are vacant. ...
Daniel Ferris
Month to Month Lease
Hi BP,I am asking a question from the perspective of a tenant and looking for your expertise. I have found a good deal of info on MTM leases but none that I can locate seem to directly address my specific question.The...
Jeff W.
Should I invest in a 2-4 unit or condo and Airbnb it?
Hello, I’m new to BP and real estate investing. I just sold a place and should walk away with 100k to invest elsewhere. My goal is cash flow, any recommendations on whether I should buy a small multiunit building or ...
Dong Yan
with the skyrocket high interest rate shall I borrown HELOC ?
Hello Everyone,with the skyrocket high interest rate ,shall I borrow home equity line of credit or the convential mortgage to buy the investment property. The loan amount I need is really small about 250K which I have...
Ryan Stumbo
Developing Land and Subdivision
So, I recently bought a townhome with about 5 acres of property surrounding it. My banker was telling me I’m “landlocked” . The way he described it, I really didn’t have any rights outside of owning the townhouse. Bef...
Tim Lindstrom
Handicap accesible rentals
I was looking at expired MLS listings as a source of new investment properties, and came across one that is listed as handicap accessible. Not sure if I should pursue it. 1) Is there a rental market for Handicap acc...
Cari Childers
STUCK! What to do next? Cash out? Sell? Hold?
My husband and I are in a good position overall but really STUCK on our next move. Need some expert advice!! We are both working full time and have a combined income of 200K.Here’s what we have…We own a 3/1 block sing...
John Chea
First time landlord with first lease renewal agreement.
Hello everyone, I am a new landlord in Michigan and the time has come to renew my first lease. So I've come here to learn and gather any suggestions or comments on best practices on how to do this. A few questions I...
Adrian Masterskaya
Vancouver Island on the ground knowledge
Hello all,I am masonry contractor (brick, block, stone, etc) who is moving to Vancouver Island (likely Victoria) in April with my wife. I lived in Vancouver for 15 years previously and know the Island and coastal area...
Bobby Douglass
Mortgage Insurance on a Fannie Mae Homestyle Loan
Hello All,My family and I recently purchased and renovated a house in Birmingham, Al using the Fannie Mae Homestyle loan. I have to say this is an amazing loan, and have been very pleased with how smoothly everything ...