What should I do with it?? Suggestions? Advice? I want to do something that will allow me to grow it into more so that I can either make a down payment on a house for myself or have enough cash to get a hard money loa...
I’m currently in the process of buying a duplex in Hubert, North Carolina. I’ll be living in one half and renting out the other. I called USAA thinking I’d get a good deal but turns out I’ll be paying around 2500/year...
I found Rodney’s write-up of his deal incredibly helpful, so I wanted to give back with one of my own. Thanks for the inspiration!
Background
A little over a year ago, I was working in the entertainment industry in ...
Every time I read about the strategy of assuming a non-assumable mortgage alarms go off in my head. I have read the whole philosophy that banks would rather have a paying customer than foreclose. And this little vo...
I'm going to be investing out of state and the only area that I do know is too expensive for me to really make any money there right now. Does anyone have ideas on how to pick a state to invest? I'm thinking of moving...
I'm spent a considerable amount of time here and at other sites/books researching and learn about REI. (I have a single townhome rental, that I got 10 yrs ago while in school, LONG before I knew any of what I know). I...
Hey BP!
I'm looking into Ohio for my next multifamily rental property. It's cheaper than PHX, but I'm concerned about taxes. It looks like property tax alone can take $100/mo off my cash flow compared to a more frien...
Here is a healthy modern day brainbuster. I am currently underwriting the following play -Currently a 25-50 unit multi-family. Primetime location. No shortage of traffic. Renovated each unitConvert to full-time Airbnb...
I am a new landlord on some out of state houses, thus I hired a management company. Today, the mgmt company asked me to approve a potential tenant for one of my homes. Single lady with two teenage kids. She has a c...
Ok, at the risk of sounding like an idiot, can someone please explain the difference? I am listening to a gentleman talk about his dream team and he is talking about making sure to have a good title company/ real esta...