Matt Herbert
Help with structuring my business
Hello all,I'm relatively new to BP, but I've been dabbling in Real Estate for 5 years now. I've decided this is my year to become more intentional. I own 4 properties, and am under contract for a 5th. Currently I do a...
Adam A.
Toledo, OH PASSED New Lead Paint Law
Yes, the Toledo city council passed a new lead paint ordinance which will take effect in 365 days. This is not the end but only the beginning of the new ordinance which applies to rental SFH, 1-4 units and day cares a...
Kai G.
Is this a tolerable rental property?
I just became a first time landlord, and I'm wondering what you guys think (I posted most of this in new member intros, but at the speed the forum moves I think posts get only looked at by a few locals, so I hope it's...
Devin McGinley
First home purchase looking to be profitable - Next step?
Hello BP Community,I am 24 years old living in Colorado Springs, and just bought my first property last year. Considering I make about 40k a year I am shocked I was able to even qualify for a home at all! I purchased ...
Tim Kaminski
Sell property to buy multiple others?
Market is hot, getting cash offers that are way over what my property is worth. 2.5x what I bought it at. It is becoming harder to ignore. Would be about $200k profit from one property that I could use on 2-3 other p...
Brendon Kerrigan
Countertops in Section 8 Rental near Boston
Hi BP Community,I am working on rehabbing my first rental investment, SFH with 2 bed and 1 bath , that I plan to rent out for section 8 tenants in a small town near cape cod. It is a C/C+ town, but I am in a B neighb...
Mario Arnone
Should I Use My Equity To Buy Another Property
Hi All: I'm a 55 year old newbie to real estate investing. I've had a triplex for many years and doesn't really cashflow well. Since I've had it for 15 years (only 9 years left on the mortgage), I have 200k worth of e...
Kyle Pierrehumbert
First Rental property- when to lower rent?
Hey! So I just closed on my first rental property and have it posted on Zillow, it is in a desirable area and I priced it competitively when directly comparing it to other listings. It has been listed on Zillow for 4 ...
Andrew Merritt
Quitclaim to LLC, Due on Sale Clause Triggered
Hello, I have four properties and 10 units. All were purchased in my name. My accountant advised me to set up an LLC for them, so I did. I contacted my lenders to see if it would cause the due on sale clause to be ...
Derek Bell
HELOC
This may be a rudimentary question, but if you own your primary residence outright, is it a good idea to pull out at HELOC on your home so you can acquire property, rather than going with the traditional loan or a har...