Heather U.
advice on how much to remodel for a buy and hold
I have paid cash for a $104000 2 bed 1 bath property that needs $20000 in work to get it rent ready. It should rent for $1150 or $1200 a month once finished. After remodel value will be about $130000. My property ...
Kumar Gaurav
Biweekly vs Monthly mortgage payments
Hello,I just wanted to know which is the most preferable way to make mortgage payments on a 30 year mortgage loan, biweekly or monthly? I am currently making biweekly payments on my 30 year loan and planning to refina...
Fred W Johnson
Paying off mortgage early with balloon payment on end
Details on my mortgage - Interest bearing Principle $197,000Deferred Principle $95,440Interest rate 4.7%20 year loan with 18 years left.I wanted to pay $7,000 extra a month for the Deferred Principle but the lender c...
N/A N/A
Question about a Lease Option?
Hello- hope all is well. My understanding of a lease option is that the RE is tacking on extra month payments for the lease option tenants with the idea that after a set period of time (let's say 3 years) the tenants...
Chris T.
Average SFR for the neighborhood or All ready rehabbed for Buy and Hold
I am currently looking into a few properties that are all in the same neighborhood for a Buy and Hold property. There are a few houses that have already been rehabbed (some by owners others flipped by investors) that...
Omer Ashkenazi
multifamilies door lock systerm?
Hey BP,I own a few small multifamilies and am now up to 14 doors. At the moment, each unit has unique keys for the front and back doors. So, I have about 30 keys, not including keys to side doors, basements, etc. R...
Andrew Thomas Vedder
Pay down primary or save for first rental
Q: Should I pay an extra $500 on my principal on my primary residence or save it towards a rental property? Overview: New homeowner, $120k income, ~7K monthly net income after deductions (Roth max, 401K, healthcare), ...
Wes F.
Opinions Wanted (sell or keep my appartment)
Hey all,I'm Wes from the Netherlands.Big fan of BP, love the books and podcasts. I would like to gather your opinions on my current situation:Me and my wife are now living in a 4 bedroom appartment, great location, an...
Kari Karanikos
Recent Grad wanting financial freedom: Pay off debt or House Hack first?
Hi everyone, I'm Kari, I'm 24 and I graduated college last year. I had a bit of a career pivot my first-year post-grad but just started my first $60K marketing job this month. I've known since about half-way through c...
Max Cordova
Collect $900 Cashflow or Pay $500 House Hack?
Is it better to cashflow $900 a month and it pays half your rent (while you save up money to invest) or house hack (live in one of the units and renter lives in the other unit and pays you) but you still pay an extra ...