Marilyn Bump
Lease Option
I have a rental home and my renter wants to purchase it. I don't believe, with the market the way it is, that the home will appraise for what I owe on it. My renter has mentioned doing a lease option and I am not op...
Jen Anderson
New Pro Member from East Bay, California
Hi all,My name is Jen and I'm a newish member, as I've been hanging around the forums for a while now but have recently upgraded to a pro membership and have been upping my game in real estate.I am a full time tech pr...
Ming Ip
Does your CPA charge you for a few questions over email?
So recently, I was going to use a CPA for a corporate tax return. He outlined that book keeping was $45/hr and corporate tax would be $500, and any additional costs to file to USA would be determined later. I told him...
Taylor Jennings
C Neighborhood: What rehab additions will increase $Rent/mo?
We are doing our first C Neighborhood rental and are estimating ~$650/mo for a 2bd/1ba/1300sq.
I was told if I put appliances into the house then that generally will get us a bit more in rent/mo. Understandab...
Peter Aziz
Looking to Invest in St. Louis
Hey there BP,I've been considering purchasing a multi-unit (2-4) in the St. Louis area for some time. It appears that one can expect a decent cash on cash return of 12-15% in the area, which is MUCH greater than what ...
Will Wu
Central A/C or Window A/C for low income rentals.
Hello, I have multiples rental 2/1 apartments Florida rented for low income tenants ($650). Most of them have central A/C but I found out that these are really pain in the neck and very expensive maintenance. The tena...
Patrick Senas
Help Finding First Tenant
I have my first property purchase underway. I close on a duplex in a college neighborhood in San Diego. Both units are 1 bed / 1 bath and I secured it using a VA loan. The closing date is 8/16.
I wanted to get the ...
David Shapiro
Do you replace 13 year HVAC system with R22 refrigerant?
Hi All, I have a 13 year old rental property in Austin that needs 4 lbs. of R22 refrigerant. I'm being told by the HVAC contractor that because of the phase-out R22 is $125/lb. If I'd like to find the leak that will c...
Brent Fisher
How can I leverage college money for an inv. to afford college?
My daughter wants to go to NYU. It's $55K/year (oh my). We saved up $25K for college, so we are short! However, I have a $250K of equity in my house in terms of a HELOC that has a 10 year deferred payment option at 3%...
Gayle Eisner
Advice on Rental Appliances
Hi:Im a small timer with two rental properties and was wondering where to buy apartment sized refrigerators and ranges (20") ? My tenant asked me if I could get a stainless steel one, and I said I would try. I looke...