I’ve heard that people lose everything when they’re overleveraged. When would you say people lose their shirt in RE investing, when debt to equity ratios are to high or when their debt to cash reserve ratios are too h...
Not sure where to start.. I guess I’ll start by staying this happened in Texas, and my family lives in Colorado. I was transferred to Texas for work on a two year contract leaving behind my family to persue my career...
This is a long overdue thanks to the BP community as a whole and the mentors and friends I have met through BP.
By way of background, my core investing strategy is buy and hold. I hav...
On this forum ive noticed a good chunk of people have w2 income who are investing for the first time or becoming seasoned investors almost ready to give up their w2 job.It seems like it is easier to get started in the...
I am about to close on my first fourplex this Friday through an owner-occupied FHA loan. The property fits my investment requirements at market rental rates. Unfortunately, the previous owner has kept the rents for th...
My lender is warning its clients that it will no longer accept payments from a business bank account, which is how I’ve been paying the loan since its inception many years ago. They insist I must pay using a personal ...
I recently came into contact with a sweet little old lady who called me from a yellow letter I sent her. She mentioned she had 2 parcels of vacant land side by side that she was considering selling. A total lot size o...
Hey everybody,
I am entering the final year of my undergraduate education this fall and am hoping to embark on my first real estate investment upon graduation. A major obstacle standing in my way is the amount of stu...
I have a long story to tell you guys. I was the person that purchase a baltimore city duplex from FNMA, that had my copper pipes cut a day before closing back in August. I will document my journey in a few weeks. I...
Hello landlords, I'm looking for feedback on a situation where I was the prospective tenant, but I was rejected in favor of another tenant. My understanding is that the landlord should be evaluating applications in th...