Ryan Copeland
HELOC on Rental in Atlanta (Marietta)
Hello BP,There is a property I want to buy located near a rental I currently own. I want to obtain a HELOC in my rental to purchase this other property. I have already called the lender that owns the mortgage and Well...
Antonio Bodley
Vacant lots zoned for industrial use
How would I go about finding vacant lots that are zoned specifically for industrial use only that are at least one or more acres?
Evan Markley
Curious about Mobile Home & RV Park Development
I've been a BP fan for years but I've never leveraged the resources of this great community. So here goes... (Point me in the right direction if I've posted in the wrong section or if there's existing threads on thi...
Mark Weinstein
LLC For 1st Property
Hi BP,For my first property I’m going to use a HML for the purchase then refinance. I don’t want to lose eligibility for the first time home buyers programs and grants they’re offering. Would it be better to purchase ...
Christopher Freeman
FHA and Shared Housing
Howdy,I have a small portfolio of rental properties that I rent out on a "per bedroom" basis. I'm not clear on how the FHA applies to this type of rental. Because my business model means that I'm choosing roommates fo...
Donald Miller
AirBnb in Cleveland OH
Hi Everyone,Trying to gauge the demand for short term rentals in Cleveland OH. I would need to gross $1200 per month on a 2 bedroom condo in Detroit Shoreway to break even ( due to the high taxes in Cleveland and $15...
Joel Hecker
Inheriting M2M tenant who smokes - give them the boot?
I'm debating buying a 3 unit where the existing tenant in the top unit clearly smokes in the unit (cigarette in ash tray in listing photo). Do I ride him out and take the guaranteed money, then mitigate after he leave...
Sophia Villebro
PLLC or Not???
This question has been tossing around in my head and thought maybe I could reach out and see what you guys think. As a newly licensed agent and aspiring investor - I have been contemplating on whether or not I should ...
Matthew Hammond
Bank Account Options for REI
My wife and I are working on acquiring our first rental property (Short Term Vacation Rental), and I was wondering what you recommend as far as setting up an Operating Account. I've read posts about about having an a...
Dan Oakley
legal non-conforming status
Hey all, I am looking at a park that has a legal non-conforming designation. The reason being lot size. Minimum required is 20,000sq/ft per home as of 2001. Nearly half an acre. The park was finished in the late n...