I am out of state investor and planning to buy a Single Family House in the Orlando area as long term rental. Below are few of my thoughts in the priority order:
1. In a good neighborhood where it is very easy to ren...
I keep hearing that equity in houses are going to go up 10% next year and possible 15% in the next two years. People are paying for houses way over their appraised value and bidding wars are sparking up all over the ...
I would hope everyone has had a chance to download the new BP community book
Check out my chapter on Seller Financing, Dodd Frank, and making money on thin equity deals.
All the other 11 chapters...
As some people think a crash is coming alot of experienced investors who have been through crashes are saying "don't be over leveraged." But no one gives a percent of leverage that is healthy, or how much cash you sho...
I think we are all reading the tea leaves and understanding the market correction is just around the corner. My primary home has a ton of equity and I'm playing around with the idea of cashing out in preparation for t...
Hello Everyone! New guy on the block here. I just passed the licence exam in IL and have started my search to hang my licence. My basic plan is to get established as an agent while accumulating as much area knowledg...
Rookie investor about to buy 1st property in Louisiana. Please correct anything below that seems incorrect, or misunderstood. I’m trying to see big picture, beyond this first door, so I don’t lock myself out of more p...
We purchased our flip almost 2 years ago. Did a complete remodel and held it for 1.5 years. Then rented it out and made good cash flow. We had less than 3k of our own cash in the deal. When the first renter moved out ...
I have been sinking $ into renting a place the last 5 years in Tampa Bay, FL. Finally got promoted enough to look for my 1st primary residence. Considering taking a 2nd mortgage to do my 1st rental at the same time, b...
Hey guys, I am new to BP & just wanted to hop on here to get an insight on what people would consider their more successful properties. Are they Short-term rentals, Duplexes, Condos/Apartments etc.? I just recentl...