Derek Askew
Cementing my appointments with prospective tenants
Hey BP community,Reaching out because I’ve been screening prospective tenants for a rental in Darby (less than .1 miles from SW Philly which is a low-middle/lower income area.I’ve had no problems getting INITIAL inter...
Georgee Gilbert
How do you charge renters with pets?
How do you charge renters with pets? Do you charge per pet and if so how much? Do you charge a different fee for cats vs dogs? What if they have a dog and a cat, then how do you charge? Do you charge a one time fee o...
Trevor Baker
Ready to sell our Flip House... but how?
My partner and I are just completing our first flip house in the San Fernando Valley in California. We are looking for options to sell it. We'd like to avoid having to pay the 4 to 5% in commissions, if we can! But,...
J.R. St Julien
Hard Money Lender - Purchase with Outstanding Code Violation Lean
Looking for a Southern California (San Diego area) hard money lender that will finance the purchase of a property that has a lien recorded by the city for permit/code violations. Anyone have recommendations for a len...
Matthew Roberts
Expenses for Multi-Family Properties
Is there a resource on BP with a list of all the expenses a multi-family owner can expect? Taxes, all the different insurance types, maintenance, etc... I have what I think to be at least 95% of the expenses covered, ...
Jackie F.
Refi Primary Mortgage - Closing Cost Are High
Hi BP,
I would like to refi my primary residence which has an 70% LTV. I want to lower my rate on a 30 yr fixed. I don't want to cash out. So far, all estimates have me paying 2-3% closing cost.
What gives? I th...
David Socia
Do you accept Co-Signers on Leases? Why or why not?
We own several rentals in an area of our town called Midtown Revitalization District. this district is sandwiched between 2 major hospitals and a junior college. All of our rentals are new construction duplexes and ou...
Catherine M.
Interest rates rising? Lender increased rate quote.
We’ve been working with a lender for about 6 months to finance my first home. We are in a unique situation as we are buying a home out of a rent to own agreement. The first 4-5 months I worked with an inexperienced lo...
Ekaterina S.
Property management company went bankrupt
So my property management company filed for bankruptcy (Enhanced Property LLC, managed by Keeyana Garrett, there was a post from several landlords, who had properties with them). I had one property with them and they ...
Manley Seale
Short Term Rental Cap Rates cash flow and potential sale value
So, i'm trying to analyze cap rates for a STR investment and I'm coming up with two different lenses to view a cap rate.
1. Annual Cash Flow potential from what I'm seeing would want to see a higher cap rate. Is tha...