Andrew O'Flaherty
Potentially Purchasing a 3 bed 1 bath that has a separate guest suite on airbnb
1 August 2024 | 6 replies
However if you want to generate more cash flow putting 15% down will help you because not only is it a lower montly payment but when you hit 20% equity they will remove your PMI.If you put down 5% I would stronly encourage you living in the Airbnb if possible and renting out the home so you can generate even more incomeIf you look at it like this it'll helpMonthly payment < Potential income + current rentIf you can move and reduce your cost of living that is always great at the bare minimum they should equal each other in my opinion because at least you'll have equity if the market you are choosing is a strong equity market.
Dan McGrew
Prospective tenant says 3x income requirement is not legal
30 July 2024 | 18 replies
We used to just say we no longer participate in Section 8 program but new laws eliminate that option.
Jeff Stevenson
Question about LLCs for residential mortgages
2 August 2024 | 5 replies
It was pretty long and basically barely found one and it still all boils down to insurance.
David Lamb
What Phase of the Real Estate Cycle are we In?
1 August 2024 | 5 replies
Places in California have barely known anything but expansion.
Account Closed
Quitting everything for full-time investing, big mistake?
2 August 2024 | 19 replies
I’m in the process of getting my license and Ive been doing DMs, barely going outside.
Sean Haberman
How do you start lending money to RE investors?
2 August 2024 | 14 replies
But Hey I lived through it barely and now its a distant memory and I dont want to get a stomach ache thinking about it today LOL>> carry on.
Tim DiMario
Brand New - In the Research Phase
1 August 2024 | 29 replies
Make connections with people by participating on the BP forums, going to meetups (@Andrew Freed has a great one in Worcester and I run one in Boston).
Heather Morales
REI Call Center
2 August 2024 | 39 replies
They tried to compensate for this by providing me with an extra list to call which I appreciated but even that proved to bring barely any more lead flow.
Michael Calvey
Unpacking the Rent Crisis: It's Not Just Greedy Landlords..
6 August 2024 | 54 replies
Quality and a flight to primo will remain the common theme in the solvent participants.
Alan Asriants
NAR Settlement - HOT TAKES
9 August 2024 | 184 replies
Many home buyers barely have enough money for a down payment and now they have to come up with additional funds for their buyer's agent?