Hey guys bout to close on my first deal and just wanted to hear some peoples viewpoints.
Purchase price - $45K Condo 3/2.
Cash outlay - 20-25% down with $3K CC/fees - ~$14.250 out of pocket
Revenue - Currently rented...
So this is my first time using these calculators. Several times I've changed the purchase price, repair estimated costs, as well as financing details (interest only payment vs. not, amortization over 30 years vs. 1yea...
I am looking for references for property managers in Kingsville, TX - primarily if they focus on student housing or managing student tenant base. I have an apartment complex in Kingsville very close to the UT campus a...
To start, I will be putting this under property management to alleviate this in the future. I wanted to research several companies and have it in place before I advertised, but of the five I was able to get on the pho...
Hey BP,
What is a good program to use to keep up with all my probate and absentee files that I have pulled for direct mail and is there a good way to keep up with how many times I have mailed each one or how ...
Hello guys,I am sure this is one of the most frustrating point for us newbies. After my first deal, it has been impossible to get an offer accepted and I'd like to get your input on how I can increase the chances.Basi...
In my opinion not owning any real estate at all but in my current work place I deal with a lot of men and women. I think women in general would give you a much bigger hassell because they expect so much and want to gi...
Hello All,
I'm new to BP and am using this site as source to educate myself about REI. My strategy is to rehab, buy and hold. I've found a few companies that offer 5 year interest only rental property progr...
Should I pay my mortgage every 2 weeks instead of every month? Will my slight decrease of cash flow be worth it? Thanks!
Details on my mortgage - Interest bearing Principle $197,000Deferred Principle $95,440Interest rate 4.7%20 year loan with 18 years left.I wanted to pay $7,000 extra a month for the Deferred Principle but the lender c...