Patrick Coffey
First potential REI purchase
Hey all,So I wanted to run this by people on here to let me know what you all think. I currently live in the greater Boston area and as you can see from the attached link the property prices are quite steep. With that...
Brett Grimm
At what point do you stop paying Term Life Insurance
Perhaps there is a tipping point on the road to FIRE where the risk of not paying Term Life Insurance Policies anymore and the reward of using that money to further fund your portfolios would be more beneficial... I u...
Jovany Melendez
Officially welcoming myself to the BP community
Hello BP Community,I'm not necessarily new to BP, but this is the first time I've attempted to dive into this since I first joined back in 2016, so to continue to cement myself further into this commitment, I wanted t...
N/A N/A
Are my calculations correct ?
Hello,
These are made up figures. I just want to see if I am calculating this correctly. Any advice/opinions are welcome.
Thank you.
Bought for 280,000
20% down payment = $56,000 ( $280,000 x 20% = $56,000 )
lo...
William Huston
House Fire: What should i do while its being rebuilt?
Hello All, Learning RE investor here, own multiple rentals, but acquired them while in the military and bought to live in, not bought as rentals firstly, but turned them into rentals when i would move to my next duty ...
Jake Hottenrott
Mobile Home Appraisal/Valuation
Quick question for the masses. What is the best way to go about getting a reliable valuation on a mobile home?Since mobile homes are personal property (i.e. automobile) the sales records are not as readily available ...
Karl Eisenhofer
Commercial Insurance for vacation rental
My vacation home has slowly been morphing into a short term rental property. I recently asked my agent to upgrade my insurance to cover this use model. D'oh! My insurance company doesn't cover such use and now want...
Jeff Gardner
Best Way to Setup Your Real Estate Business
I'm looking for people who have setup "real estate" as a business.Right now, I have three paid off properties that are cash-flowing. What setup/structure do you prefer for your real estate business (best for taxes, b...
Rich Hupper
Foreclosure and Medicaid
The subject of medicaid and real estate continues to elude me. I have yet come across another deal where the decision maker is in the nursing home and someone wants to buy her house. To complicate the matter, her hous...
Thomas J. Budka
Rental Property Insurance Massachusetts
Hi All,I am in the process of purchasing a rental property (3 unit) in Gardner, MA. I called my insurance company, USAA, and they quoted me at 4,300/annually; that is with a 10% discount. Does anyone have any recommen...