My partner and I have have been discussing multiple strategies to break into the industry. We are interested in purchasing a vacation rental and immediately participating in a rental program. We have enough capital...
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I'd like to hear from anyone who attempted a BRRRR but the rehab cost were too much to refinance when you were done. If you're appraisal price didn't/won't meet the 75%-80% LTV mark. What did you do? Other than paying...
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Hello BP,I have been going to go see houses as well as analyzing deals for a potential househack in the Boston area. I have been looking at the Everett/Chelsea area because of the potential upside for the future as w...
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A series of earthquakes, largest one so far happened early morning on Jan 7th 2020, magnitude 6.6M in the Richter scale in Puerto Rico just 8 miles from the south coast. Some areas in the south have suffered the wors...
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My lender is requesting a CPA comfort letter. Has any had experience with a lender requesting this type of document from their CPA? Has your CPA been reluctant to provide such a document due to the perceived liabilit...
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I am a newbie landlord with only 2 units to date. My new tenant in my second unit is now delinquent for the month of July. I contacted him and he says he mailed his rent check and it has already been deducted from h...
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In june my house was home invaded and my tenant left them in a coma. He broke the lease, lived in the house for over two weeks for free and left a mess and drug baggies all over the road. I informed him he will not ...
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Greetings, I would like to raise some money for conventional financing of a duplex or 4 plex.
I have a rental with 110k equity owe 39k 6.5% and a primary residence with 100k equity owe 98k 4.5% 15 year note. If I c...
Hey BP'ers, another "what to do" situation. Tried to search for similar forum post before posting but didn't come up with anything. When tenants make an EFT/Echeck payment Buildium/Forte apply a 3 day hold period and ...
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Hello Fellow BP Members,I am a 24 (soon to be 25) year-old aspiring Real Estate investor. I just moved to Dallas, TX with from Atlanta, GA for a fresh start. I am brand new to the area and while trying to figure out w...