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I have paid cash for a $104000 2 bed 1 bath property that needs $20000 in work to get it rent ready. It should rent for $1150 or $1200 a month once finished. After remodel value will be about $130000. My property ...
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Hi all! I’m relatively new at this, have been doing tons of learning and saving and am getting myself ready for my first deal. Going all-in and committing to REI so my question is: about how long does it take to study...
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I asked this question before but since then the interest rate has dropped a lot more. I have 22 yrs left on a 30yr mortgage and owe 85000 , at a 4 percent fixed rate. Is it worth it to refi to a 15 yr fixed at 2.75 pe...
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I'm interested in implementing the velocity banking startegy to pay down debt quickly. However, I don't own a home or any property for that matter. Can I set up an LLC for my business and build up my business credit...
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Dear BP community,I need your help/input in my deal analysis. I have two options in front of me either to obtain a rehab loan, which will cost me $10k for six months ( points, fees, interest) or just finance the entir...
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Hello! I have a question about painting kitchen cabinets in a remodel.House was build in 2001. Kitchen has the light brown cabinets in excellent shape. Do you paint inside of the cabinets/drawers as well? Inside is al...
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Hi All, I've rented my 3 bed 2 bath condo in CA to 3 tenants. Two tenants share the tandem garage. Third tenant has no car. The master bed tenant with the car started using the garage as a storage place and also place...
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Good morning all,I was trying to order some books off the site to Calgary, Alberta. It says it couldn't ship to my address. I tried putting in both my different addresses in two seperate Alberta cities but neither wor...
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Hey all! I am just searching for more eyes to analyze my first possible deal (Yeah!...hopefully). Thanks in advance! Setting -- 3 unit in a rural area with all tenants currently on annual leases and paying their own ...
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Hello,I’m a newbie in the RE world and I’m just now starting my journey. My goal is to buy and hold single family homes and build a portfolio. Iv been educating myself on the BRRRR method as this seems to make the mos...