So here it goes. I own my home in Canarsie, Brooklyn. It’s worth around $500,000. I owe around $374k. I just bought it in March 2018. I could rent it out and make about $2k/month, $400 less than the mortgage which is ...
Hey BP Community, I wanted to take the time and outline the strategy for my REI here in the forums and hear feedback from the community to see how I can improve my ideas. Some quick background on me - I'm 24 years old...
I have been given the opportunity to purchase a SFH in Florida. The owner is willing to finance the property at 5% on a 20 year note with zero down. They are selling the home for $550k. ARV is $625k (although the m...
Hello BP,I am putting in bold the "gist"I am in the process or preparing my house to be sold so I can move into something a bit smaller (i.e. investor friendly) and buy 2 more properties this year...I'll elaborate:I u...
Hello everyone,My friend and I want to invest in deals together out of state. We will be living in Texas but want to invest in Michigan, the Metropolitan are specifically. I was wondering what the best way would be to...
Are there any companies which can offer a service where they pay me a guaranteed monthly rent (may be less than what usual monthly rent but guaranteed) and then take the property and sub lease it on a per room basis o...
Me (and wife) are from Tennessee. My brother and his wife are from California. WE are planning on buying our first single family rental property in Tn. I and my family will be the first "tenants" for the property. Ou...
I enjoyed episode 250. Congrats guys on making it.I think Grant had some good content to challenge my paradigm on investment strategy. However, his view on not buying houses doesn't make sense for the following reas...
This is my first time posting and am looking forward to all the knowledge here!I am 24 years old and have been working as an accountant and have managed to save around $30k for investing (outside of retirement account...
I would like to run something by you guys and ask for some advice. I am currently house-hacking a duplex in Columbus, OH and I think it is actually setting me back. I used a 0% down loan, 7.5% interest rate and have a...