Good morning All—I’ve been wanting to get into real estate for a couple of years now and this year is the year I start.Wanting to get into duplexes (house hacking) and build the real estate portfolio from there.What w...
Hey all - One of the strategies I'm looking at is getting a construction loan for a distresssed property (close to 100% of the purchase price / 70% of ARV), fixing it up, then refinancing to pay the private investor, ...
How much does landlord insurance generally cost? I read in “hold: buy and hold investing” by Linda mckissack that generally insurance is 0.5% of fair market value. I called Geico and progressive and they both are qu...
Frustrated Boston area investor here! I've been doing some research and I'm loving these south coastal states. It seems like theres a lot of economic growth in certain areas of Central/western Florida, Columbia SC, an...
How does one go about buying property that already has tenants. Tenants seem ideal but the rent is almost 300 dollars less than current market. Unit is also very outdated cosmetically. Although cosmetics aren’t my mai...
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Hi everyone,
Looking to purchase my first rental property. Currently have two primary homes in CA.
One of the homes is already paid off. I can do cash out on it at 2.5% for 15 yrs for $300,000 might be a tad higher...
Hi BP knowledgeable ones! I've been learning a lot in the last 2 weeks since I posted my introduction. I got a suggestion at the time to spend 30 minutes a day for 30 days on BP. I find its more fun spending 3-4 ho...
Hello BP,
My wife and I are looking at buying our first out of state duplex in Indy. Ideally I think I have my numbers down but would love to talk with someone in more depth about the potential return. (Mainly cause...
As for now the numbers look pretty good. Gross Rents from using Airbnb and other sites are estimated around 50k a year. Even with pretty high management fees the properties look like they will Cash flow pretty well. ...