Shaun Callais
Turn Primary Residence into First Rental? Help Me Decide
My wife and I are in the process of doing a cash-out refi on our primary residence in Utah. We owe about $129k and the house is valued around $290k. At 70% LTV I can borrow $73,500 at 3.125%, 30-year fixed interest ra...
Esther Budd
REI ideas if you had $500,000!
If you had $500,000 cash to invest in RE what would you do? Considering you are new to RE. Would you buy multiple properties or would you go for a large apartment or commercial building? Would you want to pay out of p...
Roderick Smith
Tax lien Advice
Hello Everyone,My name is Rod Smith and I live in Jefferson County Birmingham, AL. I am looking to get into my first tax lien auction in May. I bought a tax lien list and there are no tax prices on it, so I was wonder...
Bruce Woodruff
Is this a new trend?
So, I'm looking for a STR for an upcoming weekend, and I really don't think I have noticed this before - to this extent. Fees are way up. The nightly rates are fine, but when you look at the total, everyone is adding ...
Account Closed
Pay cash for primary home or put 20% down
I have decided to downsize from the house I currently live in which is worth $600k, to a house that is worth $350k. After selling my current house, I expect to receive enough in proceeds from the sale to pay for the n...
Cassandra Vickers
Paid Laundry for 5 tenants in single unit?
I’ve been researching options to add laundry to my unit (there is none now, but I’m doing a kitchen renovation and adding it). I was hoping for it to be paid laundry (since I pay utilities), after reading some horrors...
Steve Tse
Home Equity line of credit calculation
Hi there, great minds of BPs. Curious to know if someone has a good way to calculate the monthly payment on HELOC. For example, if I have 300k credit line at 3% interest for 10 years. I can derive that my monthly pay...
Erick Miller
Seeking mentor for apartment complex ownership-Ohio to start
Any suggestions On the best way to connect with a mentor that would not mind helping an experienced single-family home Investor break into the larger multi family game? Value I could possibly add is 25 years experienc...
Blake Morgan
Real estate taxes - is my deal worth it?
Hello,I have been considering entering into real estate investing for both diversification and a way to spend my free time. I have some questions regarding taxes since the taxes will either make or break the return it...
Josh Helms
I would love some feedback on this potential deal!
OK so this is a lot crazier than anything I have done so far - which is not much by the way. I have one investment property and am in the process of renting out my current house which would give me 2 rentals so far. ...