I think there are some initial signs that the Austin area market is starting to change.For the second time in 2016, single-family home sales volume declined in Central Texas, down 3.1% year-over-year from July 2015. I...
Hi! I'm a newbie. I had two properties that went into foreclosure or short sale 6 years ago during the housing market crash. Up until last weekend I didn't think I can get another property again but due to an unexpect...
Hello BP Members,I sent a 30 day notice to this trouble some tenant to vacate my property. Today she told me she wouldn't move out by February 29. I am in Illinois. My question is should I retain an attorney for force...
Hey BP community,How much seasoning (history of rental income) is needed when going to execute the ‘refinance’ section of the BRRR strategy. I was speaking with Bank of America the other week and was told they’d need ...
Hi BP,What is the best negotiation you've done so far, what moves did you make and how did it turn out for you? Just walked on my first SFH deal and want to learn more about effective negotiation.
I have a rental condo and have owned the unit since Jan 19. This complex has 18 units that pay $175 per month. Board members do not pay HOA dues as this is their compensation. The board consists of 3 unit owners and t...
I'm having quite the learning experience on my first "deal". Purchased an old SFH REO for rehab and flip. I used a portfolio lender that provided a "construction" loan with interest-only during the rehab which has now...
Hey BP family hope all is well.
My goal is to get a property under contract to either wholesale or partner with someone by the end of the year. If not I’ll at least have moment going into the new year but I am laser...
Hi all,I'm new to the forums and real estate investing. I currently own one turnkey triplex that I bought FHA. My goal is to employe the BRRRR strategy in my local market (Spokane, WA). However, after talking to a few...
Hello BP Community!I have a rental property in Philadelphia which within the past year I just refinanced to reduce the term of the loan from 25 years to 15 years. This property was originally purchased as my primary...