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...
Joe S.
How to know a real Hanyman verses a poser
So let’s say you place a gig offering on Facebook, or some other site looking for someone to do a make ready on a rental. Before the day is over you’re going to be overwhelmed with people saying they can do the jo...
Erin Spradlin
Women are more risk-averse as investors
Women are more risk-averse as investors, and while this is often blamed on a lack of financial literacy, the issue is more one of confidence, not competence: 45% of women with $1 million in investible assets were deem...
Cedric Jenkins
Is it impossible to overcome a minor mold issue?
Hi, BP family. Quick question..We found a property being sold as is for 25k. However there’s a mold issue (not severe). Work needed is 8k.ARV is 63k. I believe I can leverage the fact that there’s mold to lower the as...
Brandon Sturgill
What are the Real Costs Associated with Wholesaling a Property?
And who typically pays...closing costs? title fees? title insurance? surveys? etc. etc....
James R.
Glut of STRs in Every Major Market. The Elephant in the Room.
There seems to be a glut of STRs in every major market, yet there are RE agents out there telling people that there is demand.There may be demand, but if the owner cannot book their place to cover the costs, how can R...
Chris Wilkening
Dave Ramsey says RE should be 5% of portfolio
I think most of BP would disagree with Ramsey's advice about real estate and debt, but there is one bullet here that states "Real estate should only be about 5% of your portfolio." I understand (but don't agree with) ...
Eric DeVito
No family support, only negative comments. What to do?
Hello all! I am sharing my RE ideas with my mother and other close family members and I receive no support. Only comments such as bad tenants, you will go broke and save your money. No one thinks like me or likes to t...
Natalie Allen
Tons of Motivation, not enough $$.... FEELING STUCK HERE, help
OK BP friends, as of now I have gotten my feet wet and am dying to JUMP into the deep end, I've been spending a lot of time 'learning to swim' in this lake of RE but I'm feeling a little stuck. I have done a few whol...
Jay Helms
Buy & Holders- Concerned About the Predicted 2017 downturn?
Hello my fellow long-term buy & hold -ers. The more I listen and study (from various sources local & national), the more I hear the experts talking about an upcoming downturn in the market. Some folks have so...