My sister-in-law is involved in buying a property in the DFW area where drilling and mineral rights issues are apparently a hot topic. The house is $300k+ in a nice area and the seller slipped in a provision in the l...
If you can pay off the mortgage on your first rental property should you? And is it a viable strategy to then use a HELOC on the (now paid off) rental to buy a second? I ask this because my wife and I dislike debt but...
Hello BP, THE ISSUE: My CoC ROI in a HOUSE HACK is negative.My plan: Is to HOUSE HACK in a Tri-plex, preferably a Four-plex, Multi family. I've been running the number into the rental calculator and I typically fi...
I have some properties that are about to be vacant. I was thinking about ways to get creative and create a niche for myself. With the green movement being such a big deal and all the talk about energy efficiency I tho...
I was discussing with a friend today the potential of incorporating heat and hotwater as a profit generation source. This would of course require 3 base things: 1) efficient utilities- a natural gas hookup in this ...
We have an opportunity to buy a good deal and a seller who's willing to work with us on a complex closing. The summary is we can purchase it for 85k but tell the bank we close at 110k so the seller who's a friend can...
Before I became a full time real estate investor I was a financial consultant with Deloitte Consulting. Since we as former or active firm employees are all highly motivated individuals and understand the power of work...
Hello,
I am in escrow on a building in North Memphis and need to get a loan to buy the property and fix it up, can anyone point me in the right direction please of a good lender for this? someone who is quick is idea...
Hello,My name is Andy and I’m here because I found BiggerPockets to be an invaluable resource to learn about real estate investing. Though I am starting out, I am hungry and I am interested in learning as much as I ca...
Hey guys! I’m on the fences about starting out with my first investment property as a condo or SFR. I know the HOA fees can eat into your cash flow in some case, but I also know it saves you on cap x due to the fact y...