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We are new to property investing and naively jumped right in with three multifamily properties. We’ve had them since April ‘21 & we are carrying the mortgage on all three as they do not pay for themselves. We’ve h...
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I'm looking for people who have personal experiences with vacation rentals in the Gatlinburg, pigeon forge, Sevierville area. When looking at some of the properties over there, some houses are grossing around 120-150k...
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Hey BP!
I’ve googled this and asked around but I’ve found the forums here on BP are always a good source of advice with a lot of diverse perspectives.
TLDR: How do I determine if the potential unpermitted garage c...
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I am in the process of loan shopping. Can anyone tell me if it's possible to avoid so many credit inquiries when loan shopping, or just purchasing period? If I'm buying 5-6 houses per year, that could be very ugly o...
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Say I have $200k to invest in downpayment s and purchasing MF buildings. Seems like the larger unit buildings don’t have as good of a return? I plan to be in this situation by next year, and I don’t know if I’m bett...
Seeking some clarity.... If I have an AGI over $150K (lets say 39.6% tax bracket) and I own a rental property with figures as follows:- Annual Rental Income: $40K- Annual Operating Expenses/Mortgage Interest/Deprecia...
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Hi, I'm looking to get some feedback from some experienced investors that have been working in the industry for at least a few market cycles.I'm properly positioned to start investing. I have some cash, credit(HELOC),...
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My cousin is trying to sell his house without using an agent (For Sale By Owner, FSBO). He called me a couple days ago saying that he received a verbal offer from buyers using an agent. He was frustrated because his...
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I have a commercial rental unit that I showed to, and have been in discussion with, a regional sales rep of a large corp who is needing some warehouse space. I am a small minnow in the ocean of commercial property and...
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This is in response to: Sharing Experiences Thread created by Charles.
If you're doing short sales, new to the game or just new to your negotiator I'm going to give you the most important lesson I've ever learned. T...