Hi BP,My business partner & I ventured into REI last year and bought 4 condo's in last 1 year. Since we were just starting out we gave importance to safe deals compared to higher cash flow. All condo's are in good...
Hi there,
I have some newbie questions for everyone. I currently own a four-unit property in Los Angeles County. I'm living in one of the units and renting out the others. I purchased the property in 2022 with my VA ...
I am a newbie in real estate. I am planning to buy my first investment property this year. Before buying, would you recommend to incorporate and register my business in the regulatories or can I just buy it and the as...
Hello! I'm looking for examples or advice for putting together a balance sheet and personal financial statement to provide to a bank.I have been investing for about a year and own three properties (7 units total), so ...
Hello BP!About 6 months ago I broke the proverbial real estate investment seal and bought my first investment property. I used a conventional 30 year loan, have renters, and am cash flowing $300 per month. I learned a...
Investment Info:
Condo buy & hold investment in Arlington Heights.
Purchase price: $116,000
Cash invested: $13,000
Mid-term rental condo. 1b/1b. High demand and low availability in my area.
...
I am super interested in the BRRRR strategy and just want some clarification on how to use a private lender. I would want to use a private lender to put 20% down on the house and 12 months later refi and pay the lende...
First time BRRRR(er) here.
I bought a duplex in cash, one side was rented and I did a little renovation to the vacant side. I recently was able to rent the vacant unit at $675 and increased the current tenant to $60...
ok so I have recently made my first purchase of a duplex here in Texas. I can afford to make the monthly payment out of my own pocket but my question is should I try and pay off the loan with the income from the renta...