Shiloh Lundahl
What are your favorite tips to influence an appraiser/appraiser?
The title is supposed to read an appraisal/appraiser.Hey everybody, have you ever bought a property, ran the numbers, and figured out what your cash on cash return should be, or what your profit should be on a flip? ...
Bradley Shuhart
How much negative cash flow is too much
I have an opportunity to assume a loan at 2.5% in a HCOL SoCal community. Even at that rate I will still be losing about $800-$1000 per month with a renter due to HOA & Mello Roos. I'm ok with a negative cash fl...
Ben Kirchner
Tiny Home renting for $25,000 net
I've been proposed a deal on investing in a Tiny Home, to be placed in New Bern, NC (Fairfield Bay). The person presenting me this deal is suggesting it could warrant up to $200 a night, through AirBnb. On the conse...
Nicole Heasley Beitenman
How to hack my way into 2nd house
Hello BP!
I own a home through an FHA loan. I rent out the spare bedrooms, which covers the mortgage, taxes, insurance, and repair reserve. It doesn't cash flow beyond that, but that was not my goal when I purchased ...
Simon Obas
List the steps to get my units rented ASAP!
Greetings. I am getting ready to purchase my second home and will be continuing my house hacking strategy. My current home came with the tenants and they have been stellar. I didn’t have to go looking for tenants. Bu...
Claudio Golia
Vacation Condo Rental in the White Mountains of NH
My family and I travel to the White Mountains for vacation almost annually, it's our go to spot in the Northeast. Every year we rent a SFR or condo in the North Conway/Attitash area. I've recently been considering pu...
Mac Trader
<3x Income, full year up front?
Greetings all! I've been lurking and soaking in every word of information in these forums and site. It's been an invaluable resource as I seek to fill a new vacancy in my recent rental. I set the BP standards in my li...
Adam Smith
Electric wall heaters, or new natural gas furnace?
Hi everyone, my wife and I are currently working on a live in flip. We are doing really well on keeping cost down however we have come to a point where we need to make a decision on heat. At the moment we have small e...
Emily Beatty
COVID-19 - Tenants don't want an Appraiser to Enter
I am in the process of refinancing one of my rental properties and need an appraiser to enter. The tenants do not want the appraiser to enter due to COVID-19 concerns. There is a multi-generational family living in th...
Robert Kriedermann
Help! Hard Money headache
I took out a hard money loan for a rehab project. Purchase price was $51,000 and the rehab escrow was $60,000. I've worked with this lender before and the fee is always 5 points plus $2500 with 1% of the loan to be...