Bob Asad
Use SFH HELOC to Purchase 12-Unit Apartment?
Would you recommend doing something like this?
Using SFH primary residence with a HELOC (ex. $425k) to purchase a 12-unit Apartment ($1.5M) with 25% down ($375k from the HELOC).
The remaining $50k from the HELOC cou...
Jeff Fairchild
Have you tested bandit signs?
Anyone out there who has results of testing different phrases on bandit signs? I placed 23 signs out with the phrase
we buy houses
we take over payments
ph#
website
and only got 2 leads. I talked to a guy today and...
Brian Sheen
Did I get screwed on this flip?
Evening folks! New to the forum and new to the flipping industry! However, not new to contracting.I'm looking for a third unbiased party to help me decide whether i got screwed or not screwed. Post might be long...I ...
Colin Reid
Can It Really Be This Easy?
I'm new to this, but I'm seeing the pot of gold in real estate.
I only have one rental, my former residence (I'm active military) which currently isn't cash flowing (losing $15/month). I'm in the process of f...
Leticia Ramos
How To Properly Inform Tenants about ADU's Being Built on Property
Hello BP Team. We informed our tenants about the possibility of building two ADU's in our property about 2 months ago. We spoke to each tenant and gave them a letter explaining our potential plans. The letter was a ...
John Cobb
European Investor coming to Florida
Hi All
I am an Englishman living and investing in the Spanish Resorts, unfortunately the market here is dead and likely to be that way for many years to come especially when you take into account that the Spanish gove...
Maya V.
Adding a tenant
Hi folks, my dream tenant wants to let her boybriend move in. The place has always been rented as a small studio really only designed for one person but will work in a pinch for a couple. Her plan is to move him in th...
Dawn W.
Short or Long Term Rental?
My husband and I own a couple of rental properties in other states but would like to buy one here in the Phoenix area. We go back and forth between long and short term rentals. What are the pros and cons of each and w...
William Burns
Detroit Housing Commission Section 8 System
Hi BP Community,
Has anyone here had experience investing in Detroit with Section 8 tenants? Is the program really as problematic as it’s been portrayed? Any insights from your experience, whether positive or negativ...
Tina Dupart
Tenant Lease Ending Question
Cohoes, New York: My tenant (and her co-signer) owes me 10k in backpay for rent. Her lease is up at the end of November. (This month) Our property manager said that the tenant's attorney wants me to renew our lease f...