Steve Haight
Help Need Advise On This One
This deal was introduced to me from a freind who knows the principle of the SFR in question. The principle has lived in the house for 25 years stopped making payments about 7 years ago. ARV 3M. It has location locatio...
Diane Watson
Putting it out to the Universe
Listened again to Jack Canfield success principles yesterday and remembered the importance of writing down your goals. Today I got up at 5:00 am before everyone in my house awoke and wrote down my goals. One was to ...
Levi Bjork
Calculating ROI on converting to rental and best way to finance?
Hi All,I'm a super noob at this, first post. I've lived in my home since 2008 and we are looking to upgrade while keeping this home and converting it to a rental. What do I consider to be my 'Investment' into this hom...
Jason M.
Question about refinancing
Hoping to get some advice/answers. Trying to figure out if cash flowing positive vs making money "on paper" is better.
I have 3 rentals currently, but the first property we put up as a rental was our first home. ...
Chris Herbert
Commercial Property Management Education
Hello BP community, We currently specialize in residential property management (houses, apartments) and manage just a few commercial properties. I would like to expand and grow the commercial management side of the bu...
Michael Batista
Retirement Pension
Hi! I'm a 56 yr old Airline professional in Houston, TX with 33 years working for one company. I'll be retiring next month and hope to beat inflation by utilizing my lump sum pension payout by becoming a Real Estate I...
Kobe McDaniel
Let’s Talk Interest and how it works
Obviously, Interest on a property plays a pretty significant role especially during the early portion of the loan. What are some ways of thinking to get around the fact that you may pay much more in interest than you ...
Varika Pinnam
How do you calculate how much principal you've paid off and home equity you have?
Listening to one of Brandon Turner's books and he mentions this (https://www.biggerpockets.com/blog/plan-to-make-a-million)My question is how do you calculate your loan paydown for the principal and how much equity yo...
Joseph Liechty
Using HELOC to pay off mortgage
Hello,Does anyone have experience using a HELOC to pay down a mortgage? I recently heard about this strategy and I'm intrigued. I don't understand how this is more beneficial than just paying more towards the princi...
Julio C.
Is 12% CoC and $100 of free cash flow per unit too much?
Today a realtor I made an offer told me, in a few words, that my goals were crazy. Sure, it was a low ball almost 1/3 less of the asking price. But the offer is what make sense for my goals: 12% CoC and $100 of free c...