Eddie Quirk
First Flip and scared to death
Well, have been looking for rental properties but now came across a home for $85,000 cash and market analysis shows should get around 155-165K so may be a good profit. Roof needs replaced, wood rot on Fascia-, needs ...
Monica Young
Should I use a 401K loan as a down payment for a rental property?
My husband and I are thinking of using a 401K loan as a down payment on our first multi-family rental property. We may or may not live in it as well. We both work full time and we'd like to use all of the cashflow to ...
Nicole Clemens
Need advice on exit strategy
Hi guys, Thank you so much in advance for anyone who takes the time to read and respond!In 2009, without knowing anything at all about real estate, I bought my first investment property with a partner (a good friend) ...
Tim V.
Tenant lied about dog. How much to charge?
Hey Everyone, I've been successfully self-managing a full time STR in the in-law unit of my San Francisco home for a few years now. I have been able to avoid trouble tenants in the past through the normal mechanisms, ...
Julien Anaya
Help! Would you buy a property with uncooperative tenants?
I have the opportunity to purchase a property at a big discount ($220k purchase - $310k ARV). The house has uncooperative tenants, and I can't see the property. I would purchase subject to interior inspection, so I ca...
Juan Turner
First Commercial Property (8 Unit Multi-Family). Good investment?
Hello BP!I'm interested in your comments regarding the price for this property considering the current rents. The property is located in Montgomery, AL. The contract price is $274,500. The asking price was $280,000. I...
Melissa S Vrobel
Good tenants but want to raise the rent
Hi all BP,I need some guidance. I have a tenant that has been great. They moved from my one rental to a larger one and agreed to the rent. Fast forward 5 yrs and I haven't raised their rent. I am now losing money ...
Will Dixon
Tenant Taking Their Own Interpretation of "Tree Trimming"
I have reached a friction point with tenants (Unit 1) and need some advice. They have been living at the property since May 1. Sometime in June my tenant had asked if it would be ok for her to do some work in the yard...
Jason Merchey
Q. About Cap Rates and Compression/Expansion in Underwriting
I was thinking about the assumption that the cap rate will expand by 20 basis points in a 5 year period in a syndication I’m considering. From 4.5% at acquisition to 5.5% upon predicted exit. I was asking myself if it...
Imad M.
HML Fail! Sherman Bridge Lenders
I have a HUD property on contract which expires on 1 Dec. I had 45 days to close. Since this is my third property I chose not to go with a conventional loan. I assumed banks wouldn't want to talk to me anymore. Plus I...