Hello everyone!I live in Greensboro, NC and am looking to invest in real estate. My first one! I have a decent amount of cash on hand ($30K) as well as stock investments I can tap into. I've been analyzing properties ...
Hello!I am new to this forum and real estate in general. I'll try to keep this posting as brief as I can but I feel I have to provide some background information. I am single, 40 years old, and have worked as a comput...
Is not currently employed, but has $130,000+ cash on hand, has excellent credit, no evictions, no judgements, owns two rental properties and just sold their primary residence and moved to a new area for a pending job?...
Anybody ever try this?
Suppose you got a guy selling a house asking 50k. If you put down 10k and get a 40k loan, your payment will be 250 a month.
If you were to offer 100k...
After writing this, I now realize it's pretty long, so I put the main focus and details of the deal in bold and the rest of the fluff in italics.Prior to successfully completing my first real estate deal, one of the t...
Hi BP Community.I bought a 4-plex last year in which the rents are VERY under market AND I'm paying heat and hot water in Vermont. The residents of this house have been here for 3 years, 8 years, 12 years and 25 year...
Just curious if anyone here has gone through the process yet. Everything that I have read thus far states that loan forbearance payments will be due as a lump sump at the end of 30, 60, or 90 days. In other words, you...
I have tenants that pay the last day of the grace period after normal business hours around 8pm. What should I do? I'm pretty fed up with this particular set of tenants not only are they personally inconsiderate sho...
Hello everyone,
I recently heard Kathy Fettke talk about this on her podcast. I’ve yet to purchase my first rental property, though I am taking steps towards accomplishing that goal, and it’s one question I hadn’t ev...
I just finished watching The Big Short, a movie about the real estate bubble. I enjoyed the information in the movie but I was very let down by the fact that they never acknowledged the fact that subprime mortgages w...