For those who flip houses....or build new ones. Why do you choose one strategy over the other? What advantages and disadvantages do you see with each?
I’m buying a house in a couple of days and there is a renter in it that hasn’t paid their rent for the last month according to the seller. The renter went on a month-to-month lease over a year ago. Should I get the ...
Do all Property managers charge the one month rent charge? We have a PM that charges the 10% a month but also collects one months rent with each new contract. Is this normal, and if not, how do I get rid of this? It...
What is your FI (Financial Independence) number?
How to find your FI number: Determine your annual spending in retirement, yes, you need to have a budget! Multiple the above number by 25. Example, if you require $60,...
Hey BP! I just closed on the Refinance portion of my first ever deal, a BRRRR. I guess once I "Repeat" then I would have actually completed the BRRRR process. For reference, I've listened to the podcast for about a ye...
Hello, I am just starting my research and would like to know if my goal sounds possible for the area. My husband and I would like to buy a 3-4 bedroom house single level in either Kissimmee or Davenport area between 4...
Hello BP! In the past couple weeks I’ve spoken with over 30+ banks, not exaggerating, and I was unsuccessful in refinancing a manufactured home I bought & rehabbed a couple of months ago - asking many Nationwide B...
I am trying to determine if the purchase of this house is a good deal for tear down and new duplex construction numbers are 105k for house $225k for renovations. ARV $450k. Using private money about 17k cost and look...
Considering buying a duplex as primary residence. Cost is $220K. Putting 3.5% down for FHA.
Mortgage which includes PMI insurance, taxes, house insurance, principal, and interest is $1,570.
Rent for one unit is $900. ...
Somewhat new to the financial side of REI. On my second flip. Purchased cash for $54,000 on 12/16/13. Rehabbed about $20,000. Home is currently worth about $130,000. Renters moved in on June 1st. I need to get ...