Eric Schwake
Thinking about rental properties using Self Directed IRA.
My first post to BP. Posted the same to Reddit but think there might be some different opinions here.I've currently got an IRA with Betterment that has around 180K. I've been looking at RE Investing as an option to g...
Blaine Johnson
Rate My Deal
I would love to hear comments and suggestions and creative counter offers on the following owner financing deal-6 unit (possible 7th) multi-family property in an older part of community. Old, not run down or "the hood...
Daniel A.
Excessive Profits. How much is too much?
I am starting this topic to open a dialogue regarding acceptable investor returns. What I mean by acceptable investor returns is as follows:
THE TOPIC:
At what point is the investor being greedy?
I will use the ex...
Linda Thomas
Tenant refuses to wear mask but insists on us coming for repairs
Hi,I wanted to know what everyone's thoughts are on this situation. I have a tenant that is insisting on some repairs. I scheduled a date/time to come inspect and go from there. I kindly asked her to please make sure ...
Kevin Howard
Is it smart to cashout refinance just to do so?
Hello BP,I'm considering refinancing my rental properties and was curious if anyone had any input on the situation...I own a vacation rental free and clear which is worth about $500k and brings in roughly $10k a month...
Jade Wong
Section 8 tenant's lease is up, can I not renew the lease?
My section 8 tenant is a c-tenant, always pays rent late or failure to pay for a couple of months. His lease expired last November and I haven't renewed it because I've been thinking if I should. Here're my questions:...
Timothy Asp
Violating the Due-On-Sale Clause: Risky or Worth It?
This is something I've been thinking about quite a lot now that we're in a high(er) interest rate environment, and I'm interested in hearing from the BP community on what they think. Disclosure: Not a mortgage broker...
Tim Jones
Successfully Purchased 2nd House using Rent by the Room
(I just posted this as my first blog, but it's my first success story also)StrategyRent by the Room (RBTR) allows me to maximize the rental income from a home, while still having long-term tenants on leases. Instead o...
Nicole Heasley Beitenman
Our first flip flopped. Now what?
Hello BP! I need some consolation, wisdom, and maybe pizza.My dad just completed his first flip. After all was said and done, he lost over $3k. We're not white collar people, so $3k is a lot to us. I tried telling him...
Sean Autry
Help! Are My Assumptions Reasonable?
Hi All- Newbie investor here, searching for my first rental property. This has been a goal of mine for many years and I'm finally in a place to pull the trigger.I live in So. Cal and (though sparse) I'm able to find...