John Stevenson
Stay away from adjustable rate mortgages.
Investing is about leverage. Leverage is about stability. If the rate on the loan adjusts annually, you can be pretty sure the rate will adjust up. Take a look at how just two percentage points can change your payment...
Ralph Noyes
Renting out vs Selling, plus a few questions
Hi everyone,My soon to be wife and I own a house in East Nashville but are moving to St. Louis for her new university job. She bought it 4 years ago for 125K, put down 25K down payment on a 30yr mortgage at around 4% ...
Account Closed
valuation of downtown Jersey City, 3+ bedrooms
Seems like any 3 bedroom hitting the market in downtown Jersey City starts at 1 million, and goes up from there. We saw a listing for a 'rare' SFH brownstone that just hit the MLS at 900K, with a backyard and parking....
Tim Bergstrom
Fire Damage Analysis and BRRRR
Hey BP,
Would love to get a little insight into a specific deal I'm analyzing. I'm looking into a property in Memphis that has fire damage. I'm in Nashville and haven't been able to go look at the property or anythin...
Caroline Gerardo
$63 Million Dollars Magically Stolen at CrowdStreet
CEO steals the money? Your investment in a syndication 100% at risk?CrowdStreet, a real estate investment platform, was hit with a SEC news report claiming that $63 million in customer cash went missing. The funds wer...
Chris Soignier
Tax implications of back-dating a sale of interest in LLC
I negotiated the sale of my interest in an LLC that owns an apartment complex last December. The buyer/deal sponsor wanted to do it 12/31, and I suggested we do it first week in January so I could defer my tax on th...
William A.
Rent at least 1% of sales price? Bad Deal or not?
I found a duplex in my neighborhood that is selling for about 150K, fully rented out for 1300/month. Taxes are about 123/month. The tenants pays all utilities. I would be responsible for mowing/snow removal. An...
David Litzau
Need advice on my very first deal...
I have been listening and learning from all the discussions, books, and podcasts on BP for the past 5 months. I'm finally ready to take the plunge and think I found a great property to buy and hold. I live in Austin...
Alberto Nikodimov
Important Questions for Property Managers and Seasoned Investors!
After 15 years of experience in property management in Orlando and Central Florida our team has settled on the following conclusion:
There are two types of investors and two types of property management companies, ...
Mitchell Maginnis
Down payment %?
I am curious as to what fellow investors are putting down as a down-payment on STR's. What is everyone's opinion on this subject? I am attempting to scale my portfolio of STR's and have cash that is burning a hole in ...