Blake Burnett
Discouraged about long distance property management
I'm working on buying a multifamily property in Virginia. I'm stationed here for another year and a half and then I'm on my way to the west coast. I originally planned and have accounted for a property manager to take...
Blake Bailey
Thoughts on Section 8?
My wife and I purchased a SFR rental for $200k. We put 20% down, only had some minor repairs before listing. PITI will be $1247/mo and will rent for $1700/mo. (I realize this is more down than most recommend, we just ...
Lloyd Segal
Economic Update (Monday, December 7, 2020)
Economic Update(Monday, December 7, 2020)
Everyone keeps asking when will Congress pass a new stimulus package that our economy so desperately needs? The good news is that Congress is once again considering severa...
Jess White
Should a landlord lower rent for a longer lease?
I want to hear the good experiences and bad on this one. Do you really win in the long run by lowering rent for a longer lease, or should you stick to the script of 12mo leases?
What are your thoughts on this?
Aaron Thivierge
negotiations on a 4 unit multifamily in Jacksonville, fl
Good morning, BP. After closing last August on my 1st investment property, I have closed on another SFH rental. Both of these properties are doing great. I find myself now in discussion with an older owner of a 4 plex...
Account Closed
If you wish you had one skill....
Okay here's the deal. I'm looking to invest in my first buy and hold property very soon and expand from there. I work as a nurse and I like what I do, it pays the bills, I have excellent job security and I can literal...
Ben Hunt
How strict is the FHA Self Sufficiency test?
I'm looking at buying in an off market 4-Plex in Austin Texas using FHA financing where passing the self sufficiency test is iffy.In my calculations, 75% of the total rent covers approximately 100% of the PITI. Howeve...
Kim Rock
High DTI - creative ideas?
I want to purchase another property to buy & hold. I have a high DTI because my primary home is only in my name, yet my husbands income obviously goes towards paying our primary homes mortgage even though he's n...
Julie Bourdon
New to real estate - Not sure where to start
Hey everyone! I've had my eye on real estate investing for about a year now, particularly interested in starting with house hacking. However, after recently relocating to California for personal reasons, I've come to ...
Calvin Quallis
DSCR to Cash Out BRRR
Hi,Purchasing a buy and hold property in the Hamptons, NY for $1,895,000. Will put $500K in property. ARV is $3M conservatively, with a really great reno can fetch up to $3.5M. Purchase contract has no mortgage contin...