Hi all, Let me know if I’m seeing this right. Interest only mortgages look attractive, they can boost your cash flow way up for your rental. But essentially it’s just you getting your principal pay down in cash monthl...
What makes the most sense for an out-of-state investor looking to eventually acquire multiple properties valued at around 100-125k. Both options are 30-year loans. One is at 4% interest with 20% down or 25% down payme...
Hello BP family!! I'm new to real estate investment. In a process of getting a condo, that's 2bd/2ba for 113k. I keep finding myself going back and forth between 15 or 30 year mortgage. I want to do 15 year so when my...
Asking for BP landlord wisdom on handling a tenant argument regarding additional fee/security deposit for a puppy. I’m in GA.
I just approved a puppy at one of my rentals. This is not typical, but there was a reason ...
Hi,
As most of is are pretty aware;
1. Im not seeing anying go for under asking price or even asking price (unless the place has burned to the ground & the ask is just for land.
2. How does one determine which ...
Sorry that was Townhouses, yes or no? Darn autocorrect. I'm still in the education stage of my real estate investing life. Aren't townhouses the same as single family houses? In that if the tenets move out you are s...
Ok let’s say I have a mortgage on a house amortized for 30 years. The property earns about $300 a month in positive cash flow. I would like to reinvest this money but would like to know where it’s better off. Should I...
As an investor, it’s easy to become fixated on cash flow, much like today’s guest at the start of his real estate journey. After realizing he was “house poor” with a mortgage payment larger than he could afford, Eric ...
Received an annual escrow account disclosure statement for my home which I just purchased 7 months ago. Says there's a total escrow shortage of $446.18. I can either pay that amount in full or spread that amount over ...
I have a home that I will be leasing shortly (that I was staying.. Moving out for job reasons). I pay around $2,500 per month on a 15 year and may have another 10 years before it will be paid off. The amount I pay in...