I have a rental property I purchased cash using my credit cards. I purchased it for 18k rehabbed it and now it appraised about 35k. The interest rates went up and I really don't want to sell for 35k I'll break even on...
Hey fellow BPers, I'm new to BP and to real estate. I had a discussion today with a mentor from the Doug Hopkins real estate program and they have a mentorship program where for one year I will have weekly calls with ...
Newbie here is trying to get started. Wasted the last a few years because my husband keeps saying the big crash is coming and refuses to even do some researches. I guess he's now tired of me nagging all the time. He a...
I'm in the midst of @Brandon Turner's 90 day challenge where I have committed to analyzing at least one property every day for 90 days. So far, I've really learned a lot about the many facets of deal analysis and in p...
After some analysis, I've decided to invest in Detroit suburbs (Warren/Sterling Heights) or possibly further out (Grand Rapids/Ann Arbor). I will be buying and holding from out of state, but I do want to visit now and...
At the risk of sounding like a complete rock, here is my question...
What is the formula for figuring out if rental property is worth it? I realize this will vary for different areas, mine is TN if that helps. I've...
I have a borrower (self-employed) who is purchasing a 640k property in Orlando area who has had to clear up unexpected conditions in order to obtain a loan commitment, but he has done what was needed and we're back on...
I'm interested in utilizing the BRRRR strategy in these markets. What are the downsides, and are they enough that they should dissuade me from trying? "PS, one last example. There is a profound difference between K...
Hello all,
I've been working on a short sale for a few months now that I just received approval on. I am buying this as my first rental unit b/c I it looks like a great deal. Here are the details...
Property Descrip...