David McCracken
Applicant with low credit score but stable high paying job
I have an applicant interested in one of the flats in my duplex, who has a stable job as an engineer at a large company and makes over 70k a year. However his credit score is quite low (around 550), and it shows he ha...
Bob Asad
How do you prevent co-mingling of funds?
If I have 2 rental properties and charging 1st, last, and security; can I take the last and security for both places (combined) and put them into a Bank of America savings account?In other words, I already have a chec...
Lee Behr
Live Auctions Help
Hello Everyone, I want to begin bidding on live auctions but I am completely new to this. I usually get my deals off of the MLS because I am a real estate agent, but the deals are drying up fast. How do I do my due di...
Irina Shetty
Rehab Cost Estimate- too high?
All, I got below quote from a contractor and it is much higher than expected. Would anyone be able to say, which components are overpriced? This is for a rehab outside of Columbus, OH. Any help is appreciated. Irina
Josh Chappell
Finding a fixed 30 year in Oklahoma
I currently have a few SFR's and MultiFamilies and have them all on commercial loans from 5-6% interest / 20 year / adjust every 5 years. I have contacted my lender and a few others that are local and am having a har...
Cristian Aviles-Morales
[Calc Review] Help me analyze this deal
Hi BP,I have found a Condo that I am analyzing. But maybe I'm using the calculator wrong? The listing price they want for it is $180,000. If they're willing and accept my offer of $150,000, I'll have a cash flowing pr...
Matthew Irvine
Cash Flow No Growth Case Study
Invest or ignore. All opinions appreciated.County Size: 150,000City Size: 40,000Unemployment: In line with USHousehold Income: $45,00010 Year Pop. Growth: 0%Renter Population: 30+%City Description: The city is the se...
Makhwarand Khan
Questions on Collecting Rent in Massachusetts
Hello everybody,
I'm looking at real estate investing here in Massachusetts and I have questions for the rent payment and move-in costs. Is it legal to request a Deposit to Hold in Massachusetts? How do you collect t...
Martin Saenz
Note Inventory is dead
If you are-Not pounding the phones calling sellers daily-Not reaching out to peers daily for insight and connection-Not educating yourself through webinars, books, and commentary regularly-Not attending conferences wh...
Brandon Yuan
Is Special Warranty Deed a Common Practice for Apartment deals?
Is Special Warranty Deed a common practice for multi family apartment deals? That's what the listing broker told me and said I can ask for General Warranty Deed instead but that would put me at disadvantage against ot...