Hey everyone! I've got an interesting tenant situation on my hands and was looking for some advice.Some backstory:I closed on a 4 unit building with 1 inherited tenant. To say she is a hoarder is over simplifying th...
I recently listened to the Millennial Money Podcast where Chris Naugle talks about using a specific type of life insurance policy to "become your own bank" and build a foundation for wealthy building.The idea is that ...
This was my first year wholesaling part time here in DFW. I made a decent chunk of change doing it, about 40k. My question is when it comes to taxes, should I utilize a real estate tax professional at the end of t...
Hi! I'm a new investor in Cedar Rapids, IA. We just closed on our first property, a 4-plex. We will have approximately 750/month positive cash-flow from this property. It looks like if we can accumulate 7 more propert...
BP Community -Will you all help me double check my math and my assumptions on my current annual ROE? I own 3 properties with the following bar napkin financials:Current Market Value: $1,215,000Current Total Loans: $59...
Hi, can someone explain this to me? Basically give me an example of say a $100,000 home and how this is wise to use that rents for $1200-1400. Verse other loans. Or why one would choose DSCR loan / interest only pa...
Don't listen to the chicken little's about a bubbling real estate market. Very very few (like .000001%) will ever accurately pick a top or bottom in the market. Stick to your plan and even if we do hit a recession in ...
My property’s are in Grand Rapids MI area.I’m 57 yr old with $125k W2 job. I own three rental property’s. 2 SFH and a duplex plus my home.My question is, should I pay off the $65k balance on a SFH rental property.It w...
So my current investment situation before I get to the specifics on the deal.. All properties are in west central Illinois area. All properties we self manage and will continue to do so. Own one SFH - no mortgage - C...
Do you want to know more about whole life insurance, and how it compares to other investment/savings strategies? Want to see if whole life insurance makes sense IN ADDITION to real estate investing? Have questions abo...