Jesse Stemle
Going to open houses?
One thing I hear and read over and over againwhile studying is this idea of "going to 100s of open houses." From what I understand, you should do this before ever making your first deal just to get a basic overall und...
Drew Sygit
What is an "Investor-friendly agent"?
We see this over & over, again & again - someone posts they need help finding a property and suddenly, every agent out there is "Investor-friendly".Funny thing is, RARELY do you see an agent sharing what quali...
Yaron Horsky
Estimating Property tax and insurance
Hello All.How do you know how much property tax are you going to pay and how much will the insurance will cost you each month? so you can run your numbers?
Dwayne Taylor
Help needed... newbie here
i am new to the industry... though excited and ready to go, i feel i need to learn more about how it all works. How to get lending... the lingo.... Im pretty much set on what i want to do and how to get there, but ...
Tyler Blodgett
Finding the right balance in a Proforma
I have been sitting on the sidelines for quite sometime doing my research, but feel I am ready to take the plunge and purchase my first investment property. I am in the process of starting to look at properties and a...
Keith N.
Just Closed on my Second Property! In Durham North Carolina
Well, I actually closed on it on Friday. But I've been moving stuff all weekend.New House Info:A neighborhoodDurham, NC 27703 in a large community with pool, tennis, etc.3/2, 1400 square feet, 2 car garageNumbersPurc...
David Boley
Newbie from overseas (but looking at MSP, Minnesota)
Hello everyone,I'm writing from Africa where I have been working for the last three years. I've been listening to the BP podcasts and reading articles on the site and thought it's about time to introduce myself.I'm in...
Pete Tallerico
Income tax on rental properties
Hi everyone! As a total newbie, I'm trying to figure out this game and am confused about how much and when do you have to pay income tax on a rental property. If I collect $1000 in gross monthly rent, that's $12,000...
Kelly Conrad
Thoughts on using HELOC to fund downpayment?
Looking to invest around Lake Nokomis/Richfield/Bloomington, MNI've been doing some reading, and with the prices in my area I don't have enough funds for a 20-25% downpayment for multi-family properties. I have almost...
Caleb Graham
Buy Now or Wait? Managing Rental Properties After an Out-of-State Move
So I’m planning to move 1,000 miles away from my hometown in approximately two years. This move is a dream for both my fiancée and me, so it’s not something we'd reconsider. I’ve been actively making offers on duplexe...