Andrea Johnson
Deal Analysis, rental property
Hi BP community:I have access to a deal that seems so-so to me, but I have purchased very little rental property so I'm putting it out to you.The property is a condo, 960 SF, 2 beds, 2 baths, located in a smallish col...
Lars Henrik
In a quandary, sell my rental, or get a line of credit on my rental?
Hi All, I own a rental townhome in San Jose, currently vacant as I was in the process of selling it. My tenants moved out today (6/15/2015). The market is super hot so I should get at least 20% over what i paid for it...
Nicolas Sanhueza
I feel stocked on my investing career and need Capital
Hello everybody,
I am trying to find answers on this new phase of my journey. I bought my first 2 rentals in 2021, and now I find myself a little stocked since I don't have much more money to keep affording down paym...
Ron Rohrssen
Tenant Damaged Garage Door - Would you charge?
I have a tenant in a C class home that used to have a nice over-sized 2-stall heated garage. The Midwest Derecho of 2020 destroyed the garage, and privacy fence. The home had some minor damage and the tenants were unh...
Eric Lewis
Trying to sell my rental home in Charlotte, NC
I'm in a bit of a pickle here and need some advice. I have a rental house in Charlotte, NC that I have been trying to sell, I have tenants in place that had verbally agreed they would vacate early and I was offering ...
Jesse Choe
Just Bought My First House
I just bought my first house in Aurora, Colorado after saving some money and moving back 2 years ago to my hometown after living in Los Angeles, East Texas, Houston, and Connecticut. Then I learned about the BP podcas...
Mike Provencher
Should I refi my FHA loan?
I have a duplex that I live in and rent the other side. I got in with a 3.5% FHA loan which has mortgage insurance on it. My loan balance is about $165,900 after 3 years. Market value is likely $210K. I just got an...
Sara Blouin
Oil Tank Leaking PPM
Hello all,I have a leaking UST on property I am under contract with. The soil borings came back as 20,000 ppm. Remediation starts at 5,100 ppm according to EPA from what the company states and what i have read. Does a...
Simon C.
Buying second property
Hi all, My question is how/ what kind of loan could I qualify for as a newly licensed realtor with no W2 or full time income?I have built up some equity with my current conventional mortgage on an owner occupied tripl...
Niccolo Fazio
First Deal - House Hacking
Hello Everyone,Like I said I am pretty new here, like really new. And right now I am trying to do what I can to educate myself on Real Estate and the many components that make it a remarkable tool to create financial ...