Hello everybody! First of all I hope everyone is doing great. My name is Terry and I am currently a freelance app and web developer looking to get into real estate. I have the drive, yet the overconsumption of real es...
As someone who came from a Corporate background before beginning to invest “intentionally,” I have a tendency to analyze the pros and cons of every deal. Of course, too much of that can lead to “paralysis through anal...
Hi BP Community,I've been consuming BP content over web and podcasts like candy for the past 12 months and wanted to finally (formally) intro myself.My name is Jason. I discovered BP in the fall of 2017 which removed ...
So I am facing a dilemma here. I bought a property two years ago and that was my first rental property purchase. I paid $175k with 20% down for the property in a okay neighborhood. For the past two years, I have had p...
Hello BP Community! In your opinion, what key skills does a Real Estate Agent need in order to best help out of state investors? Investors, how do you decide which agent to use/hire when buying out of state? Real Esta...
I am working on buying my first rental properties and have been crunching some numbers. I was looking at 15 yr mortgages on 4 properties valued at $90K. What I found when I looked at the profits vs a 30 yr mortgage wa...
Does anyone know how to calculate the marginal tax rate? I want to take (depreciation + interest paid) × marginal tax rate to calculate yearly tax savings. The template I'm using has 51% currently plugged in but I fee...
I have the option to refinance a 30-year fixed loan from 4.5% to 4.0%. The refinance cost is $6k. It’d save me $11k if I kept the loan a full 30-years. At this time, I have no idea if I’ll keep the loan that long. Sug...
The subject of real estate makes my heart skip a beat. I love real estate. When I was younger, I held a leasing and then real estate sales license but at the time, I didn't plan properly and couldn't make money fast ...
Should I rent out my current house if there’s no positive cash flow? I bought it before I was interested in real estate...