Account Closed
Prohibited from owning another property for 3 years
Under the Good Neighbor Next Door (for teachers, police, firefighters, and EMTs) program from HUD, you take on a second "silent" mortgage for the 50% discount off the appraised value, and must OO for 3 years to receiv...
Tyler Cruz
ACTUAL Repair and CapEx Costs?
Hi,I've been looking for a property for about 8 months now and am now getting very close to purchasing a place. I've learned a ton in the past 8 months and have focused on "doing the math", and I have pretty ridiculou...
Joseph Weisenbloom
How do you handle tenant AC costs?
Tenants love to crank AC systems to absurdly low temperatures which creates a high likelihood of breaking the AC unit. In my area HVAC techs charge $1000s just to look at the unit after it breaks. I have a 3 year old ...
Jonathan Steiger
Best area for first duplex purchase in Midwest Ohio?
My fiancé and I are looking to do a house hack. We are looking to buy a duplex in the next month or two to start our real-estate investing journey. We plan to probably live in one unit and rent out the other to get ou...
Marie S.
How Do You Pay Yourself?
So, I'm a couple weeks away from closing on my first 4-unit and was wondering... "How am I going to pay myself?"
How do you initiate and record payment to yourself? Do you put yourself on payroll? Do you calculate yo...
Dustin Robideau
With $1mm credit to buy property: Where in the U.S do you do it?
Greetings Everyone, I currently own 2 condos in Boston that I rent out but am painfully aware of the low yields relative to other parts of the country. I work in sales and have been offered a position to work entirely...
Anna Sarvis
Using a Heloc to BRRRR first long term rental question
My parents are interested in buying a property in their neighborhood using a HELOC to buy it for cash. We are brand new to real estate investing and are not sure how to go about this deal. The property is listed for $...
Ali Harris
GC for adding bedrooms to duplex
Hi,
I may be in a position to acquire a duplex where each unit is 1 bed/ 1 bath.
The tenant is about to move out of one of the units and I was wondering how viable will it be to either add 1 bedroom to that unit ...
Wesley W.
Seasonal disconnect of natural gas service
So, they say the definition of insanity is expecting different results by doing the same thing. I'm looking for others' experience and advice with regard to my latest question.A tenant has requested of the utility co...
Renee Pohle
Advice on Getting Started!
Hi BP Community!
I’ve been thinking about getting into real estate investing for years now and finally feel like I am at a good place financially to start making moves. However, I could use some advice on the best ro...