Joe Au
Good Debt vs Bad Debt
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...
N/A N/A
Just a few questions?
Im 19 years old, looking to start flipping houses. i have a little background in mortgage and have some family friends that are real estate agents. i Have 4k in the bank right now and havent started to build any credi...
Jonathan Bombaci
Condo flip but tenant wouldn’t leave
Investment Info:
Condo buy & hold investment in Framingham.
Purchase price: $117,000
Cash invested: $25,000
Purchased a investment condo with a tenant in place at a great prices since they were p...
Travis Cripps
Long term passive income
Hey guys,Wanted to get a couple opinions on our current strategy. My wife and I purchased 8 doors this year (2 duplexes, 1 fourplex) that were purchased nearly turnkey. All are in good neighborhoods and rent around th...
Chris Seveney
BK Filings are ticking up
As predicted due to significant equity growth and lack of housing, we are seeing large upticks in BK filings. As a note investor, we would like to provide several things to consider:1. Make sure to run numbers based o...
Robert Hastings
i would rather buy points instead of a larger down payment
Car payments, phone payments, daycare payments, energy payments....all come once a month. i am personally conditioned to live on a monthly budget. it comforts me. i never understood why somebody would increase the...
Tomas Valladares
Rent by the Room House Hacking in DFW
Hi BP Community!I am looking for any advice on what to look for when analyzing a house hack outside of my monthly payment. I'm planning to do a rent-by-the-room house hack in DFW after I graduate from college in May o...
Jane Dang
Tenants ask for delay rent increase - Please advise.
I need your advise, what should I do. Yesterday I delivered a rent increasing note to my tenants. It is 7% increase. I gave them a 60days notice even the law only required 30 days. They ask me to extend the note ...
Sam Tamayo
rent increase notice in CA
Hello, I have a solid tenant in place for the last 4 years. The one year lease expired and moved into a month-to-month. I've decided it's time to adjust the rate up and plan to give them 60 days notice. Is there a l...
Tyler Becks
Sharing my cashflow/net worth analyzer, feedback welcome
Cashflow Analyzer spreadsheet (feel free to create a copy for yourself and play around, or add comments directly in this sheet)
Hey! I created this spreadsheet to compare properties and see how each will affect my ne...