Hi, everyone! I have a long term rental in the eastwind area of Wilmington, NC. It’s by UNC Wilmington and is about an 8 minute drive to wrightsville beach. My tenants are moving out at the end of April and I am consi...
Howdy yall, I am curious to know what percentage of an individual's total portfolio should be allocated to real estate? I understand that real estate is viewed as one of the safest, most reliable asset classes but in ...
I realize this is a broad question, but I'd be interested in hearing about note investor's experiences with this phenomenon and how often it happens, and what the strategies are to get the borrower back to performing.
Hello all,I have 5 Long Term Rentals that I converted to STR this year.I took out 40k from 2 CC to furnish the property and made some repairs.This lower my credit from 740 to 600.I would like to perform a Cash out ref...
Hello! My wife and I are both W2 employees. We are carefully looking into starting rental property investing. However, one of our objectives is to reduce the tax burden we face on our W2 income. However, a local real ...
Hello everyone, I'm new on BP so I am looking for some good advice. I'm a 20 year veteran in real estate and now looking to buy notes for the first time. Any ideas or advice? Sellers, custodians?
I'm looking into purchasing a duplex strictly for investment purposes (not going to be a owner occupant.) Currently, one side of the duplex is vacant and the other side has a tenant on a month to month lease. If all...
Hello,
My parents have a primary residence purchased for $45k. Recent comps in their neighborhood are in the $1 million range. Even with a exclusion of gain under Section 121 (MFJ: $500k), they are looking at over $...
Has anyone ever had any luck getting a lender or appraiser to use AirDNA to come up with STVR comps for underwriting purposes? I have a STVR in an area that is ripe with vacationers but I have no idea how strong or w...
I'm working to save up for some RE investment, but after reading a couple beginner threads, I realized I probably won't be able to do what they're doing because OC doesn't have multifamily properties that make sense. ...