Randy Dulac
Help me understand the extent of rehab required
I am looking at a 2 family that is close to me and is in a good area. I want to BRRRR this property. It needs a lot of work. The home has been vacant for 10 years, and has no heat. The was built around 1900. Str...
Steven Thinnes
Subdividing/Rezoning (Storage Startup)
We have a farm property (primary residence) that is just outside of a quickly growing town. We are wanting to subdivide our property. We have opened zoned property right now and want to leave a section of it open zone...
Kitty Horeis
4 years left to pay off house - Cash out Refinance or pay it off?
Hi,We are 2 teachers with smaller bank accounts, but with 2 homes in Denver with huge equity. Would like to really start getting into investment properties. We have 4 years left on our old house to pay it off. We sho...
Darwin Liu
Mortgage pre approval or look at listings first?
Hey All!
I'm thinking of buying a multifamily to rent out. I'm going through the mortgage pre approval process right now but I was thinking - should I be looking at properties before I do this or should I ge...
Ludmila M.
Caught potential applicant lying - how do I cancel the showing?
Hi,I'm looking for advice on a proper procedure to cancel showing if I caught a potential applicant lying. I pre-screened the caller over the phone but after checking her FB I found out she lied about pets and smoking...
Jonathan Safa
The Financially Illiterate
Most of us don't bat an eyelash when it comes to setting aside x amount of dollars every month for some form of 401(k), Roth IRA, or the like. But if asked to invest in real property, - emphasis on the "real" - you ar...
Jeffrey Jenkins
I'm new to this I really need help
Write your postI'm new to this I be live it works and that I can do it but I could use any advice from anyone who's already doing it thanks
Rochelle Wilkinson
approaching owners before a foreclosure sale
There are about a dozen homes in foreclosure in an area that has high rental demands.. I am new to all of this and wondering what is legal? or a good way of going about contacting the home owner and seeing if there is...
Theodore Tasoulas
Exit strategy issue - to cash out or not to cash out
Hello BP!
We have a 4 unit with an exit strategy issue. 3 of 4 units were renovated—doubling rents and bringing to market rate, but we now have 30k in debt that we want to remove from our ledger. The appraisal is sto...
Carlos O.
Renting per-room vs whole home
Hi everyone,I just have this thought in my head and I would like to get some feedback from others on the idea since I am a beginner. In my search for properties I am seeing a pattern of diminishing returns on rents as...