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I own one rental house. I owe 60k on it and it rents for 675/MO. My husband owns our primary residence. We owe 125k and it is valued at 170k. We applied for a 40K HELOC to finance our next rental under that house. My ...
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I viewed a property today and made an offer within an hour or two afterwards. Through talking with the realtor (the listing agent) I found out that it is heir property and the heir just wants out. I made 2 offers. On...
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newbie question
What is IRR?
How is it calculated? Do you guys use it?
Matt
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Hi all! I was just looking to purchase my first flip via hard money loan. I was just wondering for anyone with experience in this is there anyway to get a 100 financed loan? Would be willing to pay more in interest e...
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For someone who is actively learning, I would like to know thoughts on wholesaling & gaining capital?
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Hi BP,I've heard too many horror stories on property management companies that are not doing their job properly (i.e. do not provide best advice on hazards, termites, do not try to save money when it comes to minor an...
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We are just starting out and trying to get the right entity formed before we purchase our first rental property. I have been doing a lot of research on the best strategy, and it seems that every attorney/expert seems ...
Hey BP,I've been researching various cities, and it seems like Terre Haute has a low median house price with a high median rent. My question is whether you think this is sustainable for a long-term investment. I'm loo...
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I live in Louisville, KY and they ( the city) just recently started to require all rental properties to be registered with the city. I have spoken with a few other landlords and no one really knows the purpose. Its ...
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I am trying to find a way to explain taking equity out of a house to my wife. My wife owns the house that we rent out and that I am trying to pull out against. She put a lot of money and hard work into it and that is ...