i've been reading a book, and it was speaking of leverage. it gave the following example:
price paid : $150,000
down payment : $30,000
original loan : $120,000
appreciation (assuming 1 year @ 6.1%) $9,150
method 1
...
Hello, Im an real estate investor that is venturing out of state particularly Fayetteville. If anyone knows the area and could offer some tips or advice please let me know! Thanks in advance.
We just had our first meeting with a potential agent.
Their company seems great. Just a question for all: How common is it for an agent or firm to require a $3000 minimum commission on every deal? This means if we w...
I own a couple SFR's i am BRRR in Detroit (zip codes 48223 & 48219) and once I have completed the rehab I will rent them and will then refinance. Prior to refinancing I will need to insure the property and I am ha...
I've been using the same insurance carrier for almost a decade and as I've grown I feel like their customer service has declined. I'm planning to evaluate my current policies for the new year and am wondering who you...
Hey BP,I found a FSBO property in my area that has potential to be a solid house hack deal. Do you guys have any tips for negotiating with the seller? The seller for this property is motivated because he never intende...
Hi All!I am a part-time investor, own 5 long-term rentals outright and just getting into the STR's (just bought one in FL a few months ago, using the 2nd home 10% down strategy). I have listened to Avery Carl's book,...
Currently living in South Florida. Love it here but looking to relocate to an area with a younger age demographic. Austin, TX is down 20-30% from peak asking prices and I don’t see it getting better with the current e...
Economic Update
(Monday, August 17, 2020)
The pandemic has reinforced and exacerbated many of the inequities in our soci...
China said to be buying U.S. mortgages
The China Investment Corp. is set to invest up to $2 billion in mortgage-backed securities because it considers the housing market set for a recovery.
August...