So my agent sent me some listings for Killeen, you can get some cheap multifamily units there. Is it a bad idea? Are there better areas? Any insight would be helpful
Seeking a bank that offers a prImary resIdence HELOC (All In One). We use PLOCs for our rentals and they work very well. We don’t want a fully amortized loan but a simple interest HELOC. Any bank leads are welcome. W...
I had a funny thought pop into my head as I began to prepare for the upcoming tax season: should I intentionally pay more taxes (by not taking all deductions/credits claimable) so as to be able to leverage that income...
Hi,
I have a person that wants to rent out my house. She only has money to pay for the first months rent. She just moved here from another state and she doesnt want to pay hotel. So she doesnt have a job but she says...
I have agreed with a Seller on price and all other terms and conditions, except one. This property is a 2 unit building. One tenant informed the owner that he is moving out earlier this month. The tenant followed b...
Hello! We are experts in multi tenant industrial but we're looking at some neighborhood non-anchor retail centers to purchase. Would love some help from the pros here on assumptions to make for high level underwriting...
I’ve been wanting to start one of these from the start and just haven’t had a minute between my job and getting this deal done. The property is an 11 unit converted motel in Livermore, ME. Each unit is 1 Bedroom/1 Bat...
We have all been thinking about and living the Corona Virus. I suspect that most of the BP community is in the same state of mind as me which is, doing everything I can to work it out in my head but obvious and defini...
Hello BP!
One mistake I think many new landlords, myself included, make when starting out is that they don't think about WHO they want to rent to and WHAT unique value / amenity they have to offer those rente...
So, my tenant's neighbor called me today and told me that my tenant got a pit bull. He think he’s had the pit for 2-3 weeks now. My lease does not allow for a Pit Bull and I clearly stated to my tenant when they ...