Jose Corbera
Why are mortgages so expensive?
Hi All,I'm about to purchase my first home with the intent to rent it out in due time. The cost of the home is 225k with 3.5% down. My monthly principal and interest is 1054.72, but when including hoa fees and the oth...
Mark Albano
Cash flow analysis.
Hey everyone. I am new to BP and I currently do not have any investment properties. I plan to close on something this coming March. I have the idea of starting out with a single family or a condo/townhome for a rental...
Nichole Stohler
Zero to $5M: 3 Mistakes To Avoid
What is stopping you from investing in real estate? Is it time? Money? Lack of experience? Or maybe even limited deals?My husband and I have been there. Done that. Failed. And then…. kept going to our recent close on ...
RJ Jackson
Rental that doesn't meet the 1% rule
Thoughts about purchasing a brand new home that doesn't meet the 1% rule.
It's near a new elementary in a growing area outside of Austin. 205k, 3/2, rent is about 1500 in the area. It will be my first rental which is...
Christophe Noualhat
New far-far-away member & questions on investing in FL
Good morning everyone (it is morning for me and most likely this post will appear when it will be morning for you)... Yes I am from a far-far-away land called MADAGASCAR (and no, there are no penguins, lions, giraffes...
Ben Parr
Self-Insuring Rental Properties
Has anyone ever looked at self-insuring wholly owned rental properties rather than paying an insurance company?
I've been toying with this idea for a while. Obviously it only makes sense after reaching enough...
Eric Li
Buy a house-hack now vs buy during next recession?
Hey everyone,Last year, I started looking at multifamily property in Oakland to house hack so I could live cheaply / free while building equity. While the cash flow and numbers can work with the right property, I thin...
Ani Sanyal
Jersey City, NJ - Investment properties
What's up everyone,I'm a recent home buyer/investor located in Jersey City, NJ. A few months ago, I closed on a condo in the Heights neighborhood (after going through a brutal sellers market), and am currently in the ...
Rich Weese
OK-mathematicians, where are you??
A reply on another thread made me wonder about something. Mikeoh mentioned fannie mae is showing 5% appreciation annually over the past 50 years on average. The Rule Of 72 says that to find out how long it takes to do...
Tom Bukacek
Influencing the BPO
I was on a webinar about short sales recently when the speaker stated that he does not attend nor try to influence the BPO. He rationale is that he feels that if he tries to negatively impact the price of the apprais...