Hello BP! I am an Active Duty Army Staff Sergeant (E-6) currently at 9 years 5 months Time In Service with 10 months left of Active Duty service. This will put me at exactly 10 years 2 months TIS. I am struggling w...
Im sure many of us have read all the warnings and reviews of buying low price properties, and the problems typically associated with them, but all that considered, it is what first attracts a lot of people , indeed th...
I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
Just received news that I am not permitted by the city to purchase another property due to the affordable housing covenant im contracted under. Not the news I was hoping for and this will severely impact the financing...
HelloI have heard this over and over again from previous investors that lost it all in 2008 and I am starting to hear it right now again. How do these individuats loose everything due to being overleveraged?
Hello. Newbie...
I have $600,000 in cash. Just sold my primary residence.
Am i better off investing in one property and having a high % of equity or
investing in multiple properties and having a lower % of equity i...
I am a single female who recently moved into a home that had been vacant for a number of years. I did all my homework regarding ownership, heirs or wills that may have been deeded to a friend or distant relative upon ...
I read the following article tonight:
Strategic Default or Efficient Breach?
that speaks about the supposed "moral obligation" to continue making payments on an underwater mortgage. The article generally jives wi...
I have heard a lot of posts about how to buy real estate with no money down, low down, first time buyer program, etc. All these paths are possible, but they are financial decisions that you are now just realizing when...
We're learning the importance of reserve funds right now and in the coming months. In terms of months (I don't need to know your exact dollar amount) how much do you have in reserves?I'm talking every expense for your...