I understand the contribution limit is around $60,000 yearly. However, how much can you start the account with?
Hi BP Community!
My partner and I have been renting in NYC for several years and are now interested in purchasing a multifamily in Brooklyn, NY to live in and potentially rent out (house hack). We've started looking ...
Hello BP! I have been diving myself into the BP forums, videos, and education articles learning about BRRRR. I have narrowed down a neighborhood in Ohio that has homes which generally sell between $100k-120k and rent ...
Hi everyone,I’m a new investor looking to purchase my first 3-4 unit deal and need some advice. These types of units in my current market go for more than $200,000 with rents ranging $850-950 for two bed rooms apartme...
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...
I started investing in buy & hold rental property about five years ago and have been managing everything myself. I’m up to 3 properties, 11 doors in total. My goal is to continue to grow my portfolio while being a...
First mortgage, 230k, 5.125, ARM (40 year, about 14 years in), just reset in July (locked in may/June), up from 5%2nd, HEL: 40k @ 3.75% (2 years into 10 year)Property value, 300kSo that puts me right around 90% CLTV. ...
Hello everyone,I watched Brandon's webinar the other week and started using the rent calculator. I'm trying to learn how all the calculations work, and I don't understand how you calculate Total Annualized Return.I...
So I am in negotiations with a friend to buy 2 local rental properties, both 2 bed/2 bath- which would be my first investment property. Total value is $750K, and his mortgage is 1800 total for both. I would put 25K do...
Alright. I am tired of people complaining about the BRRRR method. I just read a 3-page thread where the majority of posters were complaining about the BRRRR method not working or being too risky. So let me share with...