Ben Roberts
What would you do with $1,000?
Background...I'm in Memphis Tennessee and I've done a fair amount of research, enough to know that I need to jump in already. I have a little knowledge of my market and a little knowledge of real estate. I have a de...
Travis W.
Bad deal or just bad math?
Hello everyone,Just double checking my math on my current home. Can anyone give me insight regarding these numbers? I am pretty new so I am not sure if they are right..1. Bought a house for $127K. at 3.750 interest us...
Don Van Nguyen
Investment Strategy - Input and Advice Greatly Appreciated!
Alright, first real post so go hard on me and looking for your expert opinion to punch holes in this strategy. A quick summary of myself, I'm a new investor and been in the O&G corporate world all of my life (10-y...
Varun Parkash
2.75% COC ROI - Is this deal worth it? 315K SFR (New Built)
Guys, i have been actively hunting down for a SFR property and came up with following analysis after doing BB Rental Property Calculator on a brand new SFR:COC ROI = 2.78% when i have estimated:1% Capex, 1% repair, 1%...
Mike Shemp
Need Advice- My sister in law is living with a roommate who is physically abusing her
Hello BP Community,I will try and keep this post as short as I can, but ultimately I'm looking to ask the landlord and legal experts in this community about any advice that can be given to my sister-in-law about the s...
Adam Gratt
Lawsuit on Title Insurance Ventura California
I have found a SFR from one of my lists and in the discussion with the owner she said she has a lawsuit against her from a previous tenant. I asked if it was against her or the property and she said "The impediment is...
Lindsey Clark
What would be your exit strategy be on this fourplex?
Hi BP! Newbie here. I am in contract for a fourplex. I am purchasing it for $250,000. It is located in an area where property values have continued to increase annually. I would like to fix up units as they become vac...
Michael Fucillo
Good Tenant Wants Boyfriend to Move in But...
Hello BP!I'm new to landlording and looking for some advice. I have a good tenant that wants her boyfriend to move in. The good:His credit report shows zero missed paymentsHis girlfriend's father is our handyman and...
Aaron Taulbee
MegaMillions
So the MegaMillions Lottery is upwards of 1/2 of a Billion Dollars to the winner this Friday.
Thought a brief discussion could be fun:
1. Lump Sum or Annuity?
2. Creative ways to Minimize Taxes on Winnings? (Rich, a...
Justin Dyer
Converting Current Home as First Rental
Current home is a TH in Chantilly, valued at just over 500K, owe 350k. I have a VA loan on it now, which I am constantly checking Bankrate for a good rate for conventional non-VA, non-FHA loan. Rentometer is showing t...