Interest rates have had a substantial impact on the overall affordability of a home. With mortgage rates on the continual rise, it’s time to think creatively about how we can minimize our long-term costs and make our ...
Hello all, fairly new to the REI world, but seem to be getting a foothold.
I was wondering if anyone gives their agents “bonus” commissions. As a REI I’m understanding the idea is to buy as cheap as possible. In turn...
Currently, I am in the demolition and excavation business here in Dallas, TX. However, I have been observing the landscape here and I find custom home building to be lucrative. Especially, in the Park Cities area &a...
I have come across an opportunity to purchase a rental home from a friend. Currently has a long time tenant (8 years in the home and re-signed another year lease in December) paying $1600 per month. The house is value...
I recently got a house under contract from an individual seller who is motivated to sell.It's a long story but basically he bought the house about 15 years ago with the intent of fixing up and he never was able to do ...
Running into insurance quote Issues and need help. I JV’d an 8 unit deal with someone who has other apartments, mixed used buildings and a business under another LLC. This is my first deal. We created a separate LLC f...
Hey, we own/manage a handful of rental properties. We have a very low deductible ($1k) and I'm wondering what the norm is/should be for a rental? We could likely get by with something far higher ($5-10k) and I imagine...
BP Fam, thanks in advance for your help with this situation. I'm in escrow on a duplex, my credit score is high 750+, I'm a W2 employee, and I plan on keeping this duplex for more than 10 years. With all the speculati...
We have one rental unit that is just not attracting qualified tenants. Does anyone have any pointers for lower end apartments? Our other units are fully renovated and attract young professionals that can follow direct...
When a borrower is negotiating terms with a lender, he/she needs to determine the amount of points and note rate that will work best for their situation. Here is a breakdown of what it looks like when a borrower choos...