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Hi BP members,I am looking to invest in a SFH that cost about $400,000. With 20% down the property will negative cash flow $500/mo. It breaks even @40% down. One lender advised me it's better to negative cash flow ...
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Hey there community!
I'm closing on a property tomorrow and I'll be inheriting a Section 8 tenant. I always like to think about possible "What If" scenarios and it's got me thinking. I ponder, how would it af...
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View report*This link comes directly from our calculators, based on information input by the member who posted.Greetings Again BP Community,Here's my dilemma. In my valiant quest for a good value add ...
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I'm super green with everything to do with REI. I'm more excited than fearful at this point which is why I know I'm ready to jump in and look for my first investment property. I started learning more about real estate...
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Well,You guys all likely made your resolutions for this new 2015 year. Not to dump a bucket of ice-cold water on you, but just to remind you newbies out there - it's a lot easier to get in than to stay in this game.T...
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Hey everyone. Just wanted to share my success. It is a 32 unit apartment located in Dallas. It was built in 1983 and features 14 one bedrooms and 18 two bedrooms. The kicker about this property is that each apa...
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Hi! First time I’ve had an applicant threaten to sue. We said we could overlook credit with good landlord references, last landlord had documented that they owe a balance from withholding rent, so we denied. Tenant di...
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This morning the CDC extended the eviction moratorium through June 30, 2021. The first stipulation states the tenant is making best efforts to secure assistance. Given the $50B that congress has allocated to rent assi...
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I am new to real estate investing. So please forgive any wording that is incorrect in this post. But, a lot of people I have talked to say to stay away from property managers and mange the properties yourself. Yet on ...
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ok I am at a point where I have done my research and still learning but I'm ready to get my first deal going and get it under my belt. My credit is not good enough to get a mortgage loan. So I'm left with private ...