Jason Grote
Double closings in Texas?
After reading a blog post here on BP about double closings, I was inspired to attempt a double closing on a wholesale deal. My title company informed me that here in Texas the amount of the B to C closing will be rev...
Victoria Winters
Pets? What is the big deal? Are we missing opportunities with pet restrictions?
It seems that everyone has an opinion about whether to rent to people with pets. How effective is it to require additional monthly rent for a pet? Can anyone tell me if charging a pet deposit or additional monthly ...
Shanice Waller
Washer/Dryer liability or leverage for higher rent
A property management company recently advised me to remove the washer and dryer in my rental stating this is more of a liability. If any damage is done to the washer/dryer or damage to property from washer/dryer, I a...
Juan Rango
Rental properties seem worse than traditional investments
As an excited newbie, I have very little experience in real estate investing so at a meeting with my financial planner I asked about house hacking as a busy professional and he stated it would be a bad idea. This too...
Mike B.
My first true "FLIP"! With pix!
Hi all,Well after doing (1) live-in BRRRR and (1) SFH BRRRR which is rented out now, I decided I wanted to do a true "flip". That is, buy a property, gut renovate, and immediately try to sell it. I had just recently ...
James Somers
401k or Real Estate?
I know this may be a weird question to ask on a real estate forum (Im thinking the vast majority of responses will be pro real estate), but I wanted to get some different perspectives from the BP community. I current...
Dean Suzuki
Tenant is requesting to get a cat
Hi,
I have a tenant that has leasing my property for over a year and has been good at making their payments on time (in other words a pretty good tenant). They asked if they could get a cat. We currently ha...
Ahmed Mirza
Conventional mortgage with a partner dilemma
Hello,I have a dilemma with obtaining a conventional mortgage with my partner. My partner and I are looking to start investing in non-owner occupied SFHs and have decided to go 50/50. We were initially planning to obt...
Josh Merrell
Rental Acquisition OofO - Pay in full or take mult mortgage?
^ that's order of operations in case no one knew what I was going for ^I'm looking for some advice from those of you who have multiple rental properties. Thanks in advance~We bought our first rental condo in full last...
Joseph Ranola
Taking money out of 457k
Hey everyone,I wasn’t at first, but lately I’ve been extremely interested in taking money out of my 457k (retirement account for city workers like a 401k) to get my first investment property. As far as I understand, d...