K W
Residential or Commercial Loan?
When I spoke to a lender about purchasing a 4plex, they told me that was considered a residential loan, but any more units would make it a commercial loan.
We are looking at a 6-unit property. Would that be a commerc...
Blake Norman
Equity in the Property
I need clarification on a subject that my friend and I were discussing earlier today. I have heard about this concept of various episodes of the BP podcast. Please feel free to offer any input that may be relevant.If ...
Ryan Lehman
Adult Family Home Rental
Hello All,
I was wondering if any others have experience with owning a rental property that is an adult family home by renting out the rooms?
Tarcizio Goncalves
Capital Expense or not?
Hi everyone, I inherited a tenant when I purchased a property 6 years ago and this tenant moved out. Tenant has been there for over 20 years so the unit has a ton of updating that it needs so that the unit is brought ...
Alex Silang
Condo for STR? Places with lower price points?
I was just checking out a great vacay spot I like (Cape Cod) and its a milli for a house. Wow. A 2BR Condo is available for less than $350k though. Would that be good for a STR? Any places in the US that are good for ...
Andrew Cross
Rentals with Google Fiber
Hello, I'm preparing to be a new landlord in the KC Metro. The property we are currently purchasing has the option of having google fiber hooked up for it. Have any other SFH landlords hooked up google fiber for the...
Derek Tuohy
Self Tracking / Bookkeeping System
I currently have two long-term rentals and a midterm rental. The midterm rental is being renovated at the moment. I am in search of an efficient system to track my rental properties regarding income and expenses to m...
Troy F.
Can you add cleaning to a lease?
Hello,I have a great relationship with our long-term tenants in our multifamily. They have each lived there between 5, 10, and 20 years. I've owned the building for 5 years now. I've asked them to clean their apartmen...
Keith Belzner
Looking into buying mobile homes to rent in beach towns / resort areas.
Hi BP,So I had thought about even before I looked at REI, I know its not new but what are your thoughts on beach mobile home rentals? Living in Maryland there is plenty of beach towns withing 2 1/2 hour drive for most...
Mark Gong-Guy
Purchasing Next Property in GA
I'm relatively new to real estate. Bought a property in Dallas, GA in cash and it's been cash flowing for a few months now (3 months). I have the capital to pay cash (200k) for another property but curious what the ma...