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I was wondering if there is a market for properties that require EXTENSIVE work but could be purchased for under 10K. I am primarily an investor that rehabs properties to buy and hold, but I recently found a prope...
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Good day BP!!! I am screening my 1st tenant and she seems good on paper ... so far. She's given me her pay stubs, ID, completed application and the app fee. I've verified her employment with HR. She's been with th...
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Is there a such thing as good debt?If I have to categorize debt, I would say the debt I am paying for, it's bad debt. A debt someone else is paying for, it's good debt.Which means, if I have a mortgage on my house and...
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Hey!So how is everyone handling the increased development costs, particularly the dramatic increase in lumber prices?I have started to see people put projects on hold hoping that material costs come down, but will the...
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Like many millennials, we have student loan debt. We make a middle class income and practice a smart saving, little spending lifestyle with no other debts. Currently living as tenants in someone else’s house-hack, n...
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When should you pay a contractor? Should you pay them in increments, with a deposit in the beginning, again midway through the project and lastly once the project is complete? Or is there a better way to protect both ...
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Hello BPers!I was initially hesitant to post this as I was contemplating whether this is a success story yet, but I'll let the BP world to decide. I'm sure everyone has a story on how they came across BP and here's mi...
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I own SFRs in Humble, specifically choosing that area to invest and live because of the lower flood risk, but haven’t bought yet this year for lack of deals meeting my strict criteria, so I have some capital.
What i...
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We moved into a house 6 mos ago, every since we moved in my husband's health has gotten worse he is 52 he has became extremely fatiqued, sinus probems has gotten worse, I was working at the time until 6 wks ago I woul...
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So I'm lying in bed, exhausted. Just when I fall asleep, my cat wakes me up just to be annoying.
But rather than quickly falling back to sleep... I start doing real estate math in my head. And suddenly I'm wi...