Hello,I'm looking for a little advice on which debt I should reduce. I have $30,000 I've decided I want to put down on the principal of one of two rental properties I currently have mortgaged. I'm curious to hear whic...
A family friend may be offering to sell their home to me at a below market price. Are there any financing options/strategies that could be available to me to reduce the overall interest costs given the recent rise in ...
Hello! I bought a house in Tinley Park in 2021. Current mortgage is 1748. Interest rate is 3%. I have renovated most of it (new hardwood floors, removed walls, paint, new banisters, furnace, roof, HVAC, cabinets, app...
Hello and good day BP family I hope you are having a great start to your day!As the year is coming to an end I am looking at some maintenance projects that I would like to do on our investment properties.-Are there an...
I have been knocking this around in my head and wanted to open it up for discussion.
Goal: Create long term passive income
Timeline: Approx 50 years
Proposed Method: Earth Sheltered Multi-family Units
Question...
Opinions on financing vs paying cash ? ✅
I have always been in the mindset of leveraging the banks money to buy rentals but with interest rates increasing & difficulty finding cash flowing properties I have thou...
Hi all, I'm a new owner of a multi family in Cleveland and am wondering how you all go about lawn maintenance. I've heard that the city if Cleveland has hefty fines for lawns that are overgrown. I'm thinking of reduci...
Wondering what some of you who have experience in the small-mid multi-family market would do with a fairly large amount of starting capital (>250k) considering down payments. Do you prefer going as low as possible ...
I will be paying cash. He will live in the house alone. I will be paying the tax and insurance. Hopefully he will be able to reimburse me for my expense by making monthly payments to me. I am unsure whether I should r...
It seems like there hasn't been much discussion about new residential construction projects and the opportunities they offer. Given the potential for high returns, customizable involvement levels, and significant tax ...