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I am looking to purchase an apartment complex in Los Angeles. Target price being around 1 million. Most properties I’ve seen are in bad neighborhoods. Mostly east Los Angeles or Crenshaw area. Wondering if this is a s...
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I have a fairly steady rental property. It was a former home of mine. I lived in it for 7 years and it has been rented for about 6 years. There still is a mortgage on the property and it has a decent amount of equity ...
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I wanted to share an article with all of you but could not do it as an article due to either my misunderstanding of how to post an article or maybe the restrictions of the extranet usage here at work. So I will share ...
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In the book How To Invest In Real Estate, the author claims that a property that doesn't meet the 1% rule will never be cashflow positive.Here is a proof against it. Buy a property for 500K cash, rent out for 2.5K, su...
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I have a pretty good job that I've been working at for many years. We have good credit and some money saved. I've listened to many of the podcasts on BP, ready many posts here and have learned a lot.
What I...
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The facts are straight forward:
1. I bought a Home Equity Loan in foreclosure. It was in the first position because a subsequent 'first' loan did not have a subordination agreement recorded. I received and recorded t...
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Hi guys, How are you planning to finance your retirement?What income in retirement do you need?I used to think that if I have about 10 houses, each pays about 2k in rent or so, all houses paid off, lets say after all ...
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What cities do you all consider the best long term investments? I've had my eyes on western suburbs of Detroit and suburbs of Dallas TX like Fort Worth.
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Hello!I recently signed up for a real estate investing coaching program through my local REIA here in Connecticut. I am considering requesting a refund for my down payment on the program for a number of reasons:* Ther...
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Does anyone have any advice on how to get 100 percent financing on a loan for 1.5 million? I have a great business plan to purchase a local duplex complex. I already have one duplex that I have purchased recently tha...