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Results (671)
Michael Marcotte Tips for finding a good partner
5 December 2022 | 16 replies

I'm new to real estate investing and i was wondering what kinds of qualities should i be looking for in a partner?

Kara Leboeuf Fist time home buyer and landlord, need advice
23 February 2013 | 14 replies

Hey all, this is my first post on BP. It has been a wealth of info so far, so I figured I would ask for your input about my possible first time home purchase and becoming a landlord all at once!

Here's the situation....

Michael Plaks 0% owner financing and IRS imputed interest
19 July 2024 | 12 replies

Lately, this seems to be a frequent topic, as certain gurus teach people to request 0% owner financing from sellers, and a number of investors brag about having done so. The benefits to the investor are obvious. The b...

Sharon Ho Tenants using inhabitable rooms as bedrooms
17 April 2020 | 40 replies

There is a property I'm looking at that has (on paper) 4 bedrooms, 3 baths. There is a spacious 5th room in the finished attic that is not considered habitable because it's under the 7 ft. ceiling height. Looking up r...

Andrew Freed What sparked your flame to seek financial freedom?
28 July 2021 | 24 replies

We all are inspired differently. I'm curious why other people on BP started their financial independence journey. Personally, I sought financial freedom after reading Rich Dad Poor Dad during COVID and realizing that ...

Brian Zitzow I found another duplex I want to buy, but WTF?!
23 January 2016 | 35 replies

So I found a duplex in a desirable neighborhood in my area and I want to run the numbers by you guys.Asking Price: 350kGross Rent: 2000I can do owner occupied financing with 3.5% downpayment and I'm assuming a 4% inte...

N/A N/A When to Fold
16 May 2007 | 28 replies

I don't know if we have what it takes to manage the stress when the bills mount. It feels like we're too much in debt but maybe we're not used to what to expect and are over reacting. We're in our fifties with no reti...

Varinder Kumar Umbrella insurance or LLC for rental
20 June 2018 | 36 replies

I'm trying to be extra cautious incase something happens at my rental in which I would need more coverage. My friend put his rental in a LLC and he states it will cover him if there is a lawsuit etc.  My realtor was r...

Pamela M. Removing Section 8 voucher
22 August 2021 | 13 replies

Hi all,I am in the middle of buying this multi family in Newark NJ and its a good deal but the second floor tenant is an elderly Section 8 tenant.  I don't want to continue with any Section 8 (after I buy this propert...