Hello BP community! I'm almost a year into my REI journey and I currently have two sf houses. I originally paid 131k for my first property in Joliet,IL which casflows $300 per month after all expenses paid. The dilemm...
Hello everyone,Newbie investor here with 2 rental properties under my belt. Now that i've been bitten by the bug I'm ready to keep going. I want to do the best planning ahead that I can. From all that I have read here...
My husband and I recently inherited a large sum of money and would like to begin our RE investing journey. I plan to pursue on a full-time basis. Currently in the midst of learning as much as humanly possible. We have...
This question comes out of frustration over the seemingly ubiquitous "We've received another offer, please give highest and best." I live in a hot market, and it seems whenever I call about a property, there's always ...
I'm 33 and looking to relocate. I was an interior designer (cabinet sales basically) in Denver, Colorado before the corona. Now I'm provided with a new opportunity. Im not going back to my old job and I can basically ...
Hi all! I'm in process of closing on a 96k rental property and trying to decide btw 15 and 30 year mortgage. Below are numbers:Purchase price: 96,000Down payment: 20%Interest rate: 3.125% on 15 yr, 3.85 on 30 yrMont...
Hi all,
I am at a crossroads and I am looking for a suggestive nudge in the right direction. I am a former engineer, turned vocational teacher, turned stay at home dad due to young children at home during remote sch...
Hi BP,what are your thoughts about saving money until the next crash to buy real estate?is that the wrong answer? because of its undetermined time?would it be wise to invest part of the money i have in real estate but...
Hi, I have been into rentals now for about 4 years. We currently have 12 rentals, all sfh's. What I am finding is that essentially we make no money and probably lose money slightly overall. I was very careful when ...
When a sub2 transaction goes through and you have a l/o to a t/b for a set time (2-5yrs), if the seller wants to get another house will they be able to qualify for another loan? If not, what do you do or tell them?
M...