Dewayne Gammel
BPO vs/or Appraisal
I am looking at picking up a property using hard money. End result would be to sell said property or refinance and keep as a buy and hold after all repairs are done. My question is about the BPO and/or Appraisal.
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Jeff Bridges
SFR Insurance and umbrella policy option through rehab and beyond
I'm acquiring my 5th buy and hold property and plan to rehab for about a month, then market for rent. My current 4 are under personal landlord insurance policies through Geico and umbrella is also through geico. All r...
Marshall Shen
Financing with a large cash reserve
Hi BP community!I'm a first-time Real Estate investor, and I want to ask about the best way to go about financing during this time.I have a large cash reserve saved up, and I'm investigating a multi-family property cu...
Precious Thompson
Negotating Rent Prices
Is it common for a landlord to negotiate the cost of rent to a tenant , For example say if a landlord has a property on the market for $700 and the tenant asks can the rent be reduced to $650 will a landlord consider ...
Soumya Brijesh
Will lease option raise the property taxes?
,I was analyzing a property(condo with HOA of $150), where I see the county is valuing the property at $39000. The Current Market Value is around $140K. The owner is in distress and wants to get rid of the property...
Jorge J Gonzalez
I'm questioning my closing Costs with the bank
Hi BP familyI'm getting ready to close on my first income property with Wells Fargo. Closing cost are $2792. Wells Fargo is also adding another $3709 in "other closing" cost for a total of $6501. The other cost inc...
Peter Fokas
How do you keep premiums low?
My 6 family insurance was 3100 last year and now increased to 3500 this year. What do you guys do in terms of trying to keep insurance premiums low as possible? Do you increase deductible?
Teo W.
feedback needed - first rental property how much to down?
Does anyone have any suggestions on whether I should down 20% or %5 for my first rental property?
Basically I don't want to sink too much of my own personal reserves to seed this rental property but I want th...
Brad T.
Hard Money Loan to Conventional Loan Strategy
Hi Everyone,
I have been listening to the podcasts from Lifestyles Unlimited. Their main strategy for buy and hold is to purchase houses and fix them up with a hard money loan and then convert the loan int...
Nathan Flim
New Investor from Edmonton, Alberta
Hello BP!My name is Nathan and I am an aspiring Real Estate Investor located in Edmonton Alberta. I work full time in the agriculture industry and am also finishing up my BSc Chemistry degree this April. I have been...