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I have a property that has a cash flow after expenses of $175 a month. My question is should I let that money build up in an account or apply that money to principal on the mortgage?
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After hearing the Rock Thomas episode I looked into M1. The concept makes a lot of sense but paying $700 a month to network is quite the cost/commitment. Anyone on here taken the leap of Faith? I would love to hear fr...
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(Wholesaling question)When crafting a purchase & sale agreement with the seller, how much of an EM deposit is customary to put down in order to tie the property up so you can flip it to the end buyer? Also, if you...
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Hi guys!You have helped me a lot already to understand things about real estate. I have realized that I have been doing things wrong...(Like negative cash flow on my two rentals, etc) ...So I figured that may be you c...
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Hello all and thank you for any help!
I attempted to buy my first STR and it hasn't gone perfectly... But at least I've learned a lot so far! I am now at a place where it feels like I need a lawyer or at least some l...
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Hey BP - I'm finally on the hunt for some new properties for 2022. I've been pumping up the other portions of my portfolio and putting a lot of my time into our startup (which we'll hopefully see an M&A this year)...
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Hello everyone I'm turning 18 in July and am fortunate enough to have a family who has started a fund in my name when I was born which has grown to $80k in cash and $60k in stocks. I live in southern California in the...
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I am looking to buy a condo in the city using a second home loan. I know all the second home loan requirements so no need to hash that out here. I am more interested in people who do midterm rentals, anything over 1 m...
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Hi friends,
I have noticed that most folks on the forum here at BP are very concerned about not breaking the Fed laws that many people under-look state licensing requirements.
Below is a list of the requirements fro...
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I’m sure we’ve all seen many videos of ceilings collapsing, pipes bursting, and flooded floors coming out of Texas. Considering the uncertainty with the power grid, climate change, and likelihood or unlikelihood of t...